Suppliers plan to pass buck on carbon

As we have been suggesting in our talks, ultimately we pay for carbon emission reduction. However, if we don't pay now the world and its population pays later.

THE electricity industry is planning to pass on most of the costs of carbon trading to the public, even though it is set to receive taxpayer compensation from the Federal Government, documents seen by the Herald show.

The move to fix a carbon price into some future energy contracts signals the industry intends to do what many opponents of compensation feared: accept any cash compensation and free carbon permits, but raise prices anyway. Read more.