The Latest Breaking News from Energy Policy

With a federal election due by May 2025, few doubt it will be fought over the high cost of living, with emphasis on energy policy and the punishing effects of electricity prices. But the underlying condition of the economy will determine the salience of these arguments with voters.

Of all the debates unleashed by the Coalition’s nuclear energy announcement this week, energy prices is among the hottest. As Australians struggle with the skyrocketing cost of living, Opposition Leader Peter Dutton’s plan gives little assurance he can bring power bills down – neither soon nor into the future.

Crude oil prices had been making lower highs and lower lows since mid-April 2024 before turning higher. Crude oil is a volatile energy commodity that has become more political as U.S. energy policy addressing climate change gave more pricing power to the international oil cartel under the current administration. With…

Simon Birmingham contradicts Nationals’ leader, saying renewables are ‘an important part of the mix’ while Queensland LNP leader rules out nuclear