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Talk about changing one's position every five minutes:

(from 'The Australian' online:

Anthony Albanese has denied Labor's emergency energy legislation would guarantee compensation for coal corporations after the Greens, who Labor need to back the bill in the Senate, said they could not support public money being spent on these "greedy" companies.

The Prime Minister refuted newspaper reports on Sunday which revealed the federal government will spend up to half a billion dollars compensating NSW and Queensland coal producers for imposing price caps.

"That's a figure made up frankly," he told ABC Radio National.

"I don't know where they quoted (that figure) from. I'll note there was no minister attached to it.

"There's nothing in the legislation that does. Nothing. There is nothing in the legislation to provide any compensation. The legislation is very simple. What it will do is put a price cap on gas temporarily of $12 a gigajoule for 12 months. It will also reform the ADGSM, the gas trigger, to make sure that supply can occur with boosting resources for the ACCC for monitoring and enforcement. It will also provide for the support for relief on bills for people. That is what the legislation will do."

However, Mr Albanese earlier said: "If there is a cost of production that is higher than $125 per tonne, then it is reasonable that there be payments made for that to make sure that there isn't a disincentive to continue to supply."