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Carbon price not the worst impact: Plants insolvent as gas and black coal prices rise, as fuel prices move closer to export parity

Proof edition: The Business Council of Australia (BCA) said it expected some or all coal-fuelled electricity plans to close after 2010; and risks would also rise from fuel contracts.

(Full Article)


Australian carbon price policy drives new gas-fired gen; gas demand up from 139PJ today; to 466PJ; $4b year in new gas and wind developments

The Business Council of Australia (BCA) questioned the ability of the market to meet the demand for new investment in wind and gas generation implied in the Australian Government Green Paper.

(Full Article)


Business Council of Australia begs for subsidies for pollutors: carbon price of $20 per tonne strips profits from pollutors

Four out of fourteen - and perhaps 8 - of fourteen, carbon-exposed businesses studied,would close after the start of the emissions trading scheme in 2010, Greig Gailey, President Business Council of Australia told the Sydney Institute 27 August, 2008.

(Full Article)


Carbon price impact: Business Council of Australia wants either, really huge subsidies for big pollutors, or a low $10-20/t CO2-e carbon tax

Without compensation, and using the European emissions price of $40/t CO2-e, the median profit reduction for 14 Australian case study businessesm using long run economics, was 53 per cent, said the Business Council of Australia (BCA).

(Full Article)


Carbon price: RECS fall and stick at $47.15. in week to 1 September 2008

Trading in spot Renewable Energy Certificates - RECs - market followed a similar pattern to NGACs with nothing doing in the early part of the week.

(Full Article)