A leading energy market analyst has warned that parts of the economy other than electricity will bear the brunt of Australia’s emissions reduction effort under the Paris agreement – a development that will inevitably drive up the costs of abatement for high-emitting energy, materials and industrial companies.

The warning comes as Tony Abbott has escalated his efforts to scuttle the national energy guarantee despite failing during the last parliamentary sitting fortnight to trip up Malcolm Turnbull and Josh Frydenberg before a critical meeting of state energy ministers in August.

Published in The Guardian, 3rd July, 2018

https://www.theguardian.com/australia-news/2018/jul/04/electricity-sector-wont-bear-brunt-of-paris-emissions-reduction-energy-analyst-warns