Asia Pacific > NEG U-turn leaves Australian energy industry, investors reeling

NEG U-turn leaves Australian energy industry, investors reeling

Published 10:24 on August 20, 2018  /  Last updated at 13:57 on August 20, 2018  / Stian Reklev /  Asia Pacific, Australia

Australia’s decision Monday to drop the emissions target in the National Energy Guarantee (NEG) has left the energy sector concerned that investment certainty might be further away than ever, and that the nation could put itself on track to face international repercussions for missing its Paris obligations.
Australia’s decision Monday to drop the emissions target in the National Energy Guarantee (NEG) has left the energy sector concerned that investment certainty might be further away than ever, and that the nation could put itself on track to face international repercussions for missing its Paris obligations.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.