CATASTROPHE AND A POLICY RETHINK: THE LATEST IN ENERGY

Is Australia heading for an “energy catastrophe”? BlueScope Steel chief Paul O’Malley says we are, with high prices and unreliable supply creating issues for businesses. As part of the steel giant’s financial briefing yesterday, O’Malley told analysts “without energy security jobs are going to leave the country in droves”. The Australian reports O’Malley saying: “We’ve been trying to call this out for five years, about gas supply shortfalls, and it’s real now; we’ve been calling out issues around a lack of planning on power, and it’s real now.”

In other energy news, Fairfax