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

The Chancery Lane Project unveils new climate clauses for property lawyers

The Chancery Lane Project unveils new climate clauses for property lawyers

New and updated clauses designed to help lawyers provide clients with better advice on how to respond to climate risks

clock 05 August 2025 • 2 min read
'Geneva, this is your moment': Leaders urged to deliver 'bold and ambitious' Global Plastics Treaty

'Geneva, this is your moment': Leaders urged to deliver 'bold and ambitious' Global Plastics Treaty

The sixth, and potentially final, round of talks to deliver an international accord to tackle plastic pollution is getting underway in Geneva - but big divisions on how to secure a deal remain

Stuart Stone
clock 05 August 2025 • 7 min read
Anglian Water agrees to pay £62.8m after 'serious' sewage spill failures

Anglian Water agrees to pay £62.8m after 'serious' sewage spill failures

Water supplier agrees redress package with industry regulator Ofwat to fund infrastructure upgrades and environmental projects

Michael Holder
clock 29 July 2025 • 3 min read