Australian energy industry warns against cap-and-trade uncertainty

clock • 3 min read

With Australia's official Department of Climate Change web site still saying the delayed cap-and-trade scheme will go ahead, businesses have warned uncertainty over the price of carbon will hit investor confidence

Up to A$2bn (£1.2bn) of investment in new power stations could be put on hold as a result of the Australian government's decision to delay its planned emissions trading scheme until 2013. That is the...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Legislation

'Last chance': Government urged to honour promise to ban sale of peat compost

'Last chance': Government urged to honour promise to ban sale of peat compost

Monty Don backs Wildlife Trusts campaign calling on Ministers to end 'eco-vandalism' and back Private members Bill banning use of peat-based horticultural composts

James Murray
clock 16 April 2024 • 4 min read
Government to face High Court hearing over restrictions on green home rules

Government to face High Court hearing over restrictions on green home rules

Legal action over Michael Gove's decision to curtail more ambitious energy efficiency standards from local authorities set to proceed to High Court

James Murray
clock 15 April 2024 • 5 min read
Government to face High Court hearing over 'inadequate' climate adaptation plan

Government to face High Court hearing over 'inadequate' climate adaptation plan

Judge orders Judicial Review of National Adaptation Programme following latest legal action targeting the government’s climate policies

James Murray
clock 11 April 2024 • 4 min read