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Carbon uncertainty chills investment

Posted on 19 August 2013

Uncertainty over the future of the carbon scheme has adversely affected investment decisions in nearly one in two companies generally, and about 80 per cent in the clean energy sector. A survey of 181 companies by energy ­consultants Aecom also found nearly two-thirds of clean energy companies have delayed hiring new staff; in other industries 14 per cent have put off new hires.
The release of the survey – commissioned by Business for Clean Economy – comes as Opposition Leader Tony Abbott cast doubt on the Coalition’s commitment to meeting the bipartisan 2020 target of cutting emissions by 5 per cent on 2020 levels………………………………………..Full Article: Source


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