‘Apocalyptic’ Energy Prices Create Perfect Storm for Australian Government

‘Apocalyptic’ Energy Prices Create Perfect Storm for Australian Government
An Origin Energy power bill is pictured in Brisbane, Australia on June 8, 2018. AAP Image/Dan Peled
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“Apocalyptic” energy prices are testing the new Australian government with Prime Minister Anthony Albanese conceding there is little it can do to alleviate the burgeoning crisis which has hit amid a winter polar vortex.

Speaking to ABC Radio in Perth on June 3, Albanese blamed the current challenges of the local gas sector—which has raised wholesale prices dramatically—on global circumstances, and the former Coalition government.
Victoria Kelly-Clark
Author
Victoria Kelly-Clark is an Australian based reporter who focuses on national politics and the geopolitical environment in the Asia-pacific region, the Middle East and Central Asia.
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