Recent volatility in global energy prices and the effects on financial markets, industries and consumers are a reality check for politicians and investors.
As Europe’s bitter experience shows, neglecting energy security and affordability is a recipe for economic devastation, leaving no margin for response when the unlikely or unexpected occurs.
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Angus Taylor is Shadow Treasurer. This is an edited excerpt from his Warren Hogan Memorial Lecture given at the University of Sydney on Wednesday evening. Connect with Angus on Facebook and Twitter.
