Energy price inflation: how the UK and EU could fight it

What can be done about rising prices – and would nationalising gas and electricity firms help?

Governments across Europe have been funding relief measures to help people with energy and petrol bills. The UK announced a £15bn package in May, largely in the form of cash payments to households, while EU member states are estimated to have spent €280bn (£243m) over the past year on everything from subsidies and price caps to one-off payments. But bills for households and businesses are reaching unsustainable levels, with further increases expected next year, sharpening the debate over whether ministers should be intervening directly in energy markets to help bring prices down.

As Russia threatens to further reduce gas supplies, politicians in Italy, Spain, Greece and the Czech Republic are among those pushing for coordinated action. The European Commission president, Ursula von der Leyen, said on Monday Brussels was considering measures to be adopted by the 27 member states. What are the options?

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Australia news live: PM pays tribute to Gorbachev as ‘one of the true giants of the 20th century’

Anthony Albanese will meet with premiers and chief ministers today for the national cabinet in Sydney

Jobs summit should support apprenticeships in female-dominated trades, independents say

Independents are calling for more investment in female-dominated trades like textiles and floristry ahead of the government’s jobs and skills summit to be held tomorrow.

This jobs summit must not become fixated on getting only the high-vis industries out to work and leave the pink workforce at home yet again … We have women who want to work. We must enable them.

There’s been too narrow a view of what are the apprenticeships and trades, it’s been a very bloke-centric approach.

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Canada invokes treaty with US in push to keep cross-border pipeline open

Canada warns of ‘significant’ economic damage in the event of a shutdown of Line 5, which travels through Michigan

Canada has once again invoked a longstanding treaty with the US as it seeks to keep a controversial cross-border pipeline open, warning of “significant” economic damage to both countries in the event of a shutdown.

Canada’s foreign minister said Line 5, a pipeline operated by Calgary-based Enbridge, was a critical source of energy security.

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Gypsies and Travellers fear missing out on energy bills support

Government urged to ensure thousands living in park homes in Great Britain receive £400 payments

Gypsy and Traveller groups are calling on the government to ensure thousands of households living in park homes are not excluded from its energy bills support scheme this winter as bills soar.

The scheme will pay out a total of £400 to all households in Great Britain with a domestic electricity connection between October and March, with monthly payments administered by their energy supplier.

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No let-up in shelling as UN team heads for Zaporizhzhia nuclear plant

Watchdog due to arrive in Kyiv as frequent attacks on Russian-occupied power station raise fears mission may be called off

A team of inspectors from the UN nuclear watchdog is due to arrive in Kyiv on Monday night en route to the Zaporizhzhia nuclear power in southern Ukraine, where renewed shelling has cast a shadow over their planned visit.

The International Atomic Energy Agency (IAEA) chief, Rafael Grossi, said on Monday morning that a team led by him had set off to visit the power station on the Dnieper River. “We must protect the safety and security of Ukraine’s and Europe’s biggest nuclear facility,” Grossi tweeted.

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Australia news live updates: Albanese says government will ‘stand by’ stage three tax cuts at press club speech

The PM says his government made the decision in 2019 ‘that we would stand by that legislation rather than re-litigate it’. Follow all the day’s news

Pocock pushes for scrapping of stage-three tax cuts

Independent senator David Pocock was on RN speaking about the stage-three tax cuts, which he says should be “resisted” – no matter what was promised before the election.

What I’ve said is that they should be revisited … [Anthony Albanese] has a really strong case to relook at these these tax cuts and see what what else that could actually be spent on, given the you know the huge amount of money that they represent.

Things have changed a lot since these were where they decided. We’ve had bushfires, a global pandemic. We’ve had flooding and stagnant wages, and now people are in a cost-of-living crisis across the country. And so I just don’t think that we can justify handing out $240bn over the next 10 years to the wealthiest Australians.

Ultimately, when we hit the budget in October – which is where these issues get reviewed every year – when you look at the budget, there will be things that we want to do that we can’t do. And that’s the reality of a trillion dollars of Liberal debt, particularly as inflation goes up. That debt now costs a lot more than it costs even a year ago.

So there will be things that that we would want to do that people would like us to do that aren’t going to be possible as an example. It’s basically saying, ‘Yeah, this is just too too expensive.’

We’re only in the second month of that new system. A lot of it was designed before we came to office and the contracts had all been signed before we came into office. So I’m still very mindful of what we can do. But the the challenges of the people who are in the system right now are exactly as you’ve described.

I think to live on $46 a day is incredibly difficult if not impossible.

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NSW introduces seven-star energy standards for new homes

Renovations valued at more than $50,000 will be subject to the new NSW government planning policy

Tougher energy standards for new homes will be introduced in New South Wales, but small residential blocks and shopping centres won’t have to adhere to them because of developers’ concerns about added complexity and costs.

Under a new policy announced on Monday, new houses and high-rise towers will need to have a seven-star energy rating, while large office buildings must show the ability to become all-electric-powered.

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Electric car-ready homes will help firm up the power grid, Ed Husic says

Governments urged to plan for emerging technologies that will allow bidirectional charging so vehicle batteries can power homes

Australia’s first mandate to make new apartment buildings “electric vehicle-ready” should be extended to all new housing, potentially turning entire suburbs into virtual batteries supporting the power grid, the federal science minister said.

Ed Husic helped helm Friday’s gathering of federal, state and territory building ministers in Sydney, where it was agreed to amend the national construction code to require new apartment blocks to be capable of charging cars in all their parking spots.

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‘She has no choice’: Liz Truss faces U-turn on energy if she enters No 10, MPs say

If foreign secretary wins the Tory leadership contest she looks set to have to change course on ‘handouts’ despite campaign pledges

For months, everyone in government had known that Friday was energy cap day, and at 7am the bad news duly dropped. Phones pinged as the nation woke to Ofgem’s confirmation that typical gas and electricity bills were to rise by a frightening 80%.

Millions of people would be unable to cope, said charities. Even those on low or middle earnings who had some savings could see them entirely wiped out. It was a full-on national crisis, albeit long predicted.

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‘Completely laughable’: claims that a mine will create ‘more jobs per hectare’ than the Great Barrier Reef derided

Clive Palmer’s Central Queensland Coal suggested proposed coalmine is a ‘greater economic powerhouse’

Claims that Clive Palmer’s proposed Central Queensland coalmine would help the Great Barrier Reef – and would generate “more jobs per hectare” – have been derided as “completely laughable” by an environmentalist, economist and First Nations people.

Earlier this month environment minister Tanya Plibersek said she intended to block the coalmine due to its “unacceptable impacts” on the reef world heritage area, which is 10km from the two proposed open cut mines.

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Hungary approves construction of two Russian-built nuclear reactors

Work to begin in coming weeks in move that emphasises ties between Viktor Orbán and Vladimir Putin

Hungary has announced that the €12.5bn (£10.6bn) construction of two nuclear reactors by Russia’s Rosatom will begin in the coming weeks after regulators approved the project.

The war in Ukraine has not deterred Hungary’s interest in the project to add to the four reactors already operating at the Paks plant outside Budapest.

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Australia news live updates: Greens accuse government of undoing its own climate legislation

Adam Bandt reacts to Labor’s decision to open 46,000km of ocean to exploration, saying his party will continue to advocate for a moratorium on new coal and gas projects. Follow live

A massive haul of the drug “ice”, with an estimated street value of $1.6bn, has been seized in NSW in the largest discovery of its kind in Australia, AAP reports.

Last month, Australian Border Force officers homed in on a number of sea cargo containers that arrived at Port Botany in Sydney.

There would need a change to the law.. with the Liberals saying they’ll take an oppositional role, the only way that will happen is with the support of the Greens.

Our position is that workers should be able to bargain collectively at whatever level they choose.

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Shelling temporarily disconnects Zaporizhzhia nuclear plant from Ukraine grid

Russian-held site forced to fall back on diesel generators, raising risk of catastrophic failure of cooling systems

Fires caused by shelling cut the last remaining power line to the Zaporizhzhia nuclear power plant on Thursday, temporarily disconnecting it from Ukraine’s national grid for the first time in nearly 40 years of operation, the country’s nuclear power firm, Energoatom, has said.

There have been growing international concerns about safety at Europe’s largest nuclear plant. It has been occupied by Russian forces since the start of the war, and they are now using it to house military vehicles and equipment.

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Japan eyes return to nuclear power more than a decade after Fukushima disaster

Move designed to secure energy supplies would mark a dramatic shift in Japan’s policy stance held since 2011 reactor meltdown

Japan is considering building next-generation nuclear reactors and restarting idled plants in a major policy shift, 11 years after the triple meltdown at the Fukushima Daiichi nuclear power plant rocked the country’s dependence on atomic energy.

The prime minister, Fumio Kishida, said he had directed a government panel to look into how “next-generation nuclear reactors equipped with new safety mechanisms” could be used to help Japan achieve its goal of carbon neutrality by 2050. His “green transformation” council is expected to report back by the end of the year, he said on Wednesday.

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Tougher seven-star energy efficiency standards for new Australian homes set to be approved

State and territory building ministers will meet on Friday amid fierce debate about when and how new regime should begin

New Australian homes could have to comply with tougher energy performance standards within a year, with ministers set to agree to boost the required rating from six to seven stars.

That could cut the thermal energy use of homes by about 25%, experts say. But there’s fierce debate about when and how the new regime should begin.

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Next PM could face £23bn autumn spend to cover £900 rise in energy bills

Energy prices have soared above prediction and subsidies will require significant further spending

Ministers could face an additional £23bn price tag for covering extra household energy costs of £900 this autumn, rising to £90bn next year, a new paper by the Institute for Government has found.

The paper, looking at the options for Liz Truss or Rishi Sunak in No 10, also warned the government should plan for prolonged rises in energy bills by going a lot further in making public appeals to use less gas – for example by informing consumers about the cost savings from turning down thermostats – and in committing to building more energy efficient homes to help protect consumers.

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Former PM says he did not misuse secret ministerial powers – as it happened

If Morrison saga was playing out in the corporate world, he would have been stood down from job, Christine Holgate says

Former Australia Post boss, Christine Holgate continues to weigh in on revelations former prime minister Scott Morrison secretly appointed himself to the finance portfolio, overseeing her independent review without her knowledge.

I feel extremely disappointed … To to be told and go through that experience inparliament and then to be told that there will be an independent investigation into you, and then a full Senate inquiry. At no point did I ever know ... the arms-length independent review was actually overseen by Mr Morrison as the finance minister. That doesn’t sound very independent to me.

If this had happened in a corporate world, you know, that person would have been stood down for their job. There would be an enormous set of consequences. But unfortunately, this is allowed to take place in parliament, it feels. I think it’s almost incredible. And actually quite disturbing.

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‘Too much to lose’ in Santos gas project off Tiwi Islands, marine ranger tells court

Federal court hearing on the islands, north of Darwin, told a spill would mean ‘everything ends up dead’ in delicate marine ecosystem

A large gas project off the Tiwi Islands could threaten a vulnerable turtle species and disrupt a thriving ecosystem of fish, a marine ranger has told the federal court.

Tiwi Islander Dennis Tipakalippa is challenging the decision to allow Santos to drill eight wells in the Barossa gas field, 265km north-west of Darwin.

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Conflict in South China Sea would threaten 90% of Australia’s fuel imports

The country would run out within two months of a major disruption. Here are five ways to reduce vulnerability

China’s sabre-rattling about Taiwan underlines the need for Australia to be prepared for conflict in the South China Sea.

With its growing navy and air force, and the bases it has built throughout the area, China is increasingly capable of disrupting shipping lanes crucial to Australia’s exports and imports.

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Australia news live: John Howard criticises lack of detail on voice to parliament as Anthony Albanese arrives in Torres Strait

The former prime minister has spoken at a National Press Club event at the Canberra Writers Festival

‘Cringeworthy’: energy minister says Morrison’s media conference was embarrassing

Circling back to Chris Bowen’s interview on ABC Radio, where the discussion on climate policy was followed by questions on the biggest story in Canberra – Scott Morrison’s secret appointment to five additional ministries.

I think to be fair that the governor general was in a difficult position, he has to accept the advice of the government or the PM of the day.

It was pretty pathetic, embarrassing and cringeworthy to be honest.

He should call Andrews.

The right thing to do would be to call all ministers concerned.

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