Bid by Mike Cannon-Brookes to take over AGL drew some strong words from the prime minister, but do his claims stack up?
The prime minister, Scott Morrison, was convinced of only one thing this week as news came of an $8bn bid to buy the country’s biggest greenhouse gas emitter in order to shut its coal plants early.
“Let me be really clear about something,” Morrison said. “We need to ensure that our coal-fired generation of electricity runs to its life, because if it doesn’t, electricity prices go up, they don’t go down.”