Prime minister admits incentives could be paid to maintain supply as he recalls parliament to pass plan
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Anthony Albanese has denied compensation will be paid to fossil fuel companies as part of the federal government’s moves to limit crippling energy price spikes, but admitted “payments” could be given to producers as an incentive to maintain supply.
The prime minister said he is confident the energy plan will pass parliament when it is recalled for one extraordinary day of sitting on Thursday, despite the Greens flagging they will oppose any new subsidies being given to coal and gas companies.
Continue reading…Prime minister admits incentives could be paid to maintain supply as he recalls parliament to pass planFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastAnthony Albanese has denied compensation will be paid to fossil fuel companies as part of the federal government’s moves to limit crippling energy price spikes, but admitted “payments” could be given to producers as an incentive to maintain supply.The prime minister said he is confident the energy plan will pass parliament when it is recalled for one extraordinary day of sitting on Thursday, despite the Greens flagging they will oppose any new subsidies being given to coal and gas companies.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…