Carbon tax axe will boost Australian renewables, says Trustpower

Fri, 25 Jul 2014

By Pattrick Smellie July 25 (BusinessDesk) - Electricity generator Trustpower believes the repeal of Australia's carbon tax will be great for renewable energy, which is likely to be heavily favoured under the federal government's Renewable Energy Targets scheme. Bruce Harker, chair of t Harker said "unexpectedly low load growth" since the global financial crisis in 2008 meant consumers should expect "there will be a period of retail prices coming in at less than inflation for the next couple of years", with the only upward...

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