One-term Albo “doesn’t know what to do” on energy

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Like individuals, you can get a read on a government very fast if you know where to look. In the case of the Albanese Government that read is deeply unflattering.

It is a coward.

As a result, any and every serious national interest challenge that comes its way, which requires it to stand above the pack and lead, will be met with committees, consensus and failure.

There is no better example of this than energy where Albo’s cowardice takes two forms.

The first is that it is so scripted and steeped in its own globalist ideology that it is unprepared for anything outside of it. Hence, it is still running around like a headless chook discovering new problems with a simple energy crisis and fix every day.

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Second, when reality presents itself, Albo’s cowards have neither the intellectual objectivity nor personal power to do what needs to be done, as opposed to placating whichever interest comes begging.

As a result, the energy schmozzle is deepening as Albo’s cowards “do not know what to do”. Some nice truth-telling at Sky News here:

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The answer is simple: cap gas and coal prices locally or apply an export levy benchmarked to pre-Ukraine prices for both. All of the concerns about doing so are balderdash. Supply will not be curbed at $10Gj for gas and $100 for coal. These are BOOM prices. Frankly, if the miners want to curb supply to roger their foreign customers and shareholders then who cares if the local price is capped.

The only barrier to these obvious solutions is that Cowardly Albo and Chicken Chalmers are intellectually vapid and personally afraid of upsetting the miners.

So you will suffer the consequences:

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.