Home/global/As Labor faces pressure to respond boldly to oil shock, it needs to find more unconventional levers to pull

As Labor faces pressure to respond boldly to oil shock, it needs to find more unconventional levers to pull

globalMarch 22, 20261 min readAttributed summary
As Labor faces pressure to respond boldly to oil shock, it needs to find more unconventional levers to pull
Leveraging Australian gas exports to ensure we get oil in return is among the offbeat ideas we could be hearing more aboutGet our
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Leveraging Australian gas exports to ensure we get oil in return is among the offbeat ideas we could be hearing more about

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The International Energy Agency suggested Australia reduce road speed limits, restrict car use in big cities and encourage more working from home in a bid to nullify what it called the “greatest threat to global energy supply in the history of the world”.

They won’t be the only interesting or offbeat ideas raised in federal parliament this week, as the Albanese government comes under pressure to find fixes – short-term and long-term – to the oil shocks seeing more bowsers run dry across the nation.

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Source: Guardian - World News

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