Australian PM Says Gas Price Cap Is on the Table Amid Soaring Energy Prices

Australian PM Says Gas Price Cap Is on the Table Amid Soaring Energy Prices
Australian Prime Minister Anthony Albanese speaks during a meeting at Parliament House in Canberra, Australia, on Oct. 18, 2022. Lukas Coch-Pool/Getty Images
|Updated:

Australian Prime Minister Anthony Albanese has said that capping gas prices was one of the options his government could consider in dealing with energy price hikes in the country.

Speaking to Sydney radio 2GB on Nov. 11, the prime minister refuted speculations about a super profits tax on gas and coal while emphasising that renewables were Australia’s solution to achieve low energy prices and carbon emissions.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
Related Topics