Yes, the government's price cap is overly generous to gas producers. But it was necessary
- Written by: Samantha Hepburn, Professor, Deakin Law School, Deakin University
ShutterstockTo tackle the energy crisis about to send our bills skywards, the Albanese government last week capped gas prices temporarily in the east coast market, proposing a figure of A$12 per gigajoule. A gigajoule of gas has the same energy as about 26 litres of petrol.
But has the government been too generous to the three gas majors? After...
Read more: Yes, the government's price cap is overly generous to gas producers. But it was necessary
