Joint statement says years of finger-pointing have destroyed investor confidence in Australia’s energy sector
A coalition of business, energy, investor, climate and welfare groups has issued a sharply worded wake-up call on the energy debate, declaring “finger pointing” and 10 years of partisan politics have destroyed investor confidence in Australia’s energy sector, “worsening reliability risks”.
The joint statement from 18 groups ranging from the Business Council of Australia to the Australian Council of Social Services follows months of zero sum political debate about energy policy, power prices and reliability, during which time the federal government has pre-empted a major review by the chief scientist, Alan Finkel, by ruling out carbon trading in the electricity sector.
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