State’s energy minister, Matt Kean, says ‘It’s not about royalties, it’s all about consumers’, putting pressure on Queensland counterpart
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New South Wales is prepared to agree to a price cap on coal without compensation to provide energy price relief to consumers and business, adding pressure on Queensland to follow suit.
NSW’s treasurer and energy minister, Matt Kean, told reporters in Brisbane on Thursday that his state was “almost ready to sign up” to limiting the price of black coal, which in turn sets wholesale electricity prices in the state about half the time.
Continue reading…State’s energy minister, Matt Kean, says ‘It’s not about royalties, it’s all about consumers’, putting pressure on Queensland counterpartFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastNew South Wales is prepared to agree to a price cap on coal without compensation to provide energy price relief to consumers and business, adding pressure on Queensland to follow suit.NSW’s treasurer and energy minister, Matt Kean, told reporters in Brisbane on Thursday that his state was “almost ready to sign up” to limiting the price of black coal, which in turn sets wholesale electricity prices in the state about half the time.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…