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Labor’s Price Cap,Labor’s new proposed Power Cap legislation will have a detrimental effect on home and industry Electricity prices. Their idea is to cap the prices on Coal, their was never any consideration of capping Gas, their aim will be to cap prices on Coal being used for Power generation, destroying the Coal production industry, so endorsing renewables into the MIX, with one and a half billion dollars to prop up Solar and Wind turbine expansion, shortages and higher prices will follow, even though Labor spruik (spiel, elaborately orate) a $230 drop in our household electricity bills in the next 12 month period of its operation.The opposition leader Peter Dutton has shown NO support for the bill and with the Green’s leader Adam Bandt opposing its motion for a different reason, wanting reparations for Power uses from Coal companies, rather than offering subsidies to the Power operators, of course their ideologies are what has caused our present problem.https://www.dailyliberal.com.au/story/8015374/energy-price-cap-compensation-in-jeopardy/?cs=112Tap above link to view.image0.jpegNoddy, Chris Bowen, Climate Minister has slammed Peter Dutton’s objection, as No plan, No clue,Like the UK, they are of the belief that what is beneath their feet is not green enough to run our heating and cooking in our homes and industry.