Australia’s calamitous energy and climate policy is going from bad to worse with the government decision to build a $600m gas-fired power plant that will deter private investment.
— Read on www.afr.com/policy/economy/energy-the-coalition-prefers-communist-style-state-control-to-markets-20210519-p57t4n

will government “promise” to bid high prices, from Kerri and Snowy2, when demand peaks, so competition is “protected” and free market folks don’t invest in other markets?