News: WDS Energy stocks slip as Australia nears major emissions reduction bill, page-8

Grim but accurate - the government continues to bow to knuckleheaded activists - people who don’t understand the first thing about the economic realities of what they chant in the streets about.

This has the makings of a monumental F##k up that we’ll only truly understand in 10 years time. If we think we are currently having an energy crisis - wait till then.

However whilst it undermines the WDS share price short term, I think this will be short lived …I’m certainly not going to panic sell on this news. In fact an already depressed share price might now dip into real bargain territory.