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

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Legislation

'This incident was preventable': Housing developer Taylor Wimpey fined £300,000 over sewage pollution

'This incident was preventable': Housing developer Taylor Wimpey fined £300,000 over sewage pollution

Leading developer fined after causing pollution in a County Durham stream, following an Environment Agency investigation

clock 10 July 2026 • 2 min read
Water firms to face 'faster' fines of up to £500,000 for breaching environmental rules

Water firms to face 'faster' fines of up to £500,000 for breaching environmental rules

Defra continues crackdown on sewage spills and other environmental regulation breaches across England's water sector

Michael Holder
clock 06 July 2026 • 3 min read
'A decisive moment': MPs back new 2040 climate target, despite Tory and Reform opposition

'A decisive moment': MPs back new 2040 climate target, despite Tory and Reform opposition

Seventh Carbon Budget secures comfortable majority in House of Commons, as Labour, Lib Dems and Greens back new emissions target

Michael Holder
clock 25 June 2026 • 7 min read