Climate Commission proposals pose curly questions for investors

Mon, 01 Feb 2021

Investors will be trying to wrap their heads around the slew of proposals put forward by the Climate Change Commission, including a hike in the carbon price and a ban on new gas connections.The commission yesterday released its first draft carbon budgets to aid the government in meeting its 2050 emissions targets. The recommendations include raising the $50 per tonne trigger for the price cap in the emissions trading scheme to $70 as soon as practicable and adjusting it annually to get it to $140 by 2030. Other recommendations included ending n...

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