Major energy consumers say government intervention is needed to overcome a broken gas market and avoid what they describe as a tragedy of deindustrialisation, but warn any assistance should be temporary.
Billions of dollars of taxpayers’ funds have been committed this year to rescuing smelters and steel mills, with potentially more to come as big energy consumers such as the Tomago and Bell Bay smelters in NSW and Tasmania negotiate with governments over new power contracts.
Loading…