Australia’s NEG would create an inefficient, expensive carbon market -report

Published 10:40 on February 2, 2018  /  Last updated at 18:38 on February 2, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s proposed National Energy Guarantee (NEG) would create an inefficient and expensive market for emission reductions and force changes in the electricity market that will cost hundreds of millions of dollars and take years to implement, a report said Friday.

Australia’s proposed National Energy Guarantee (NEG) would create an inefficient and expensive market for emission reductions and force changes in the electricity market that will cost hundreds of millions of dollars and take years to implement, a report said Friday.

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