Big energy: big-stick rules hamper firm investment

Original article by Angela Macdonald-Smith, Simon Evans, Mark Ludlow
The Australian Financial Review – Page: S1 & S2 : 10-Oct-19

Origin Energy CEO Frank Calabria has told an energy summit that the federal government’s proposed legislation to force energy companies to divest assets is deterring investment in the sector at a time when it is urgently needed. The issue of government intervention in the energy market attracted criticism from some of the summit’s delegates, but Energy Minister Angus Taylor says such action is justified given the rise in electricity prices in recent years as renewable energy generation has increased.

CORPORATES
ORIGIN ENERGY LIMITED – ASX ORG, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, ENERGYAUSTRALIA PTY LTD, AGL ENERGY LIMITED – ASX AGL, AUSTRALIA. ENERGY SECURITY BOARD, AUSTRALIAN ENERGY MARKET OPERATOR LIMITED

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