Angus Taylor to try and cajole energy retailers into lowering power prices before election

Energy minister to meet with CEOs as Scott Morrison heads to marginal seat of Capricornia

The energy minister, Angus Taylor, will host the first of two stakeholder briefings about the Morrison government’s controversial plans to underwrite new investments in power generation, and also attempt to cajole retailers into delivering out-of-cycle power price reductions before the next federal election.

As Taylor attempts to secure a breakthrough on power prices in Sydney on Wednesday, Scott Morrison will press ahead with his pre-election campaign sortie in Queensland – spruiking funding for a ring road in Rockhampton in the marginal seat of Capricornia, held by the Nationals MP Michelle Landry.

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from The Guardian https://ift.tt/2Qj6IzX
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