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Queensland Premier Doles out Coal-Funded $1,000 for Energy Bills

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Queensland Labor Premier Steven Miles has announced a $1,000 (US$652) rebate for energy bills less than six months out from the state election. In addition, the government recently legislated a 75 percent emissions reduction target by 2035, a move that sparked concerns about power bills. The handout will cost about $2.5 billion (US$1.6 billion) to the Queensland budget, which the government said will be funded from coal royalties. Every household in the Sunshine state will receive a $1,000 rebate on their electricity bills from July 2024. The Queensland government acknowledged households are struggling with mortgage repayments, rent, groceries and fuel, and are handing out the money to try and curb the pain....

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