Australia's Energy Transition Hits a Policy Quagmire: Regulator Warns of Coal Cliff, Investors Get Tax Sweeteners

The Australian Energy Regulator dropped a bombshell warning yesterday: the risk that new generation and transmission won't be installed in time to replace closing coal power stations is "mounting," potentially causing price spikes and unreliable supply. This isn't a theoretical future risk—it's happening now as coal plants approach retirement, and the replacement pipeline is stuttering.

Noise

Politicians are playing a dangerous game of hot-potato with the energy transition. While...