Original article by Mark Ludlow
The Australian Financial Review – Page: 10 : 13-Mar-18
The Business Council of Australia has called on business to get behind the Federal Government’s proposed National Energy Guarantee. It has also urged state and territory governments to abandon their renewable energy targets, claiming that they will undermine the NEG and increase energy prices. The BCA notes that the NEG must be sufficiently flexible to allow energy retailers to be in compliance with carbon emission requirements. Smaller retailers are worried that the NEG will increase power prices, and that it will help larger retailers to further increase their market dominance.
BUSINESS COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, ALINTA ENERGY (AUSTRALIA) PTY LTD, AUSTRALIA. ENERGY SECURITY BOARD