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...

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