The head of one of Australia's largest energy companies says the future of coal-fired power stations is limited.
Speaking on ABC1's Inside Business, AGL CEO Michael Fraser said it is unlikely any new coal generators will be built without significant improvements in technology and the ability to capture and store carbon.
Mr Fraser says he is accelerating the company's investment in wind, hydro and gas power in anticipation of a carbon-constrained future and that policy will require selling existing assets.
The head of one of Australia's largest energy companies says the...
-
- There are more pages in this discussion • 100 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)