No silver bullet to energy crisis, competition watchdog warns all parties
Competition regulator Rod Sims has scolded eastern state LNG exporters for not supplying enough domestic gas and warned them the Turnbull government faces little choice but to pull the trigger to limit exports.
In a sobering assessment of the cost of both gas and electricity in Australia, the Australian Competition and Consumer Commission chairman also warned there was no one policy that could guarantee the sustainability, reliability and affordability of electricity, the three stated aims of the government's energy policy.
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