The Australian energy carcass is being torn apart by hyenas today. Leading off are the dying manufacturers:
Australia’s big energy users will hold urgent talks with the federal government requesting emergency gas market measures to ensure heavy industry can stay afloat amid opposition from top producers to government intervention in the sector.
The country’s largest gas consumers — represented by the Energy Users Association of Australia — plan to meet Resources Minister Matt Canavan and Energy Minister Angus Taylor to push for a short-term domestic gas support fund, which may halve the price of gas, and the establishment of a commonwealth gas company to ease pressure on the industry.
