IEA chief throws weight behind Australia's carbon tax

Australia’s controversial new carbon tax has been endorsed by the head of the International Energy Agency (IEA) as an essential part of reducing energy demand.

“The IEA strongly supports Austrialia’s continuing efforts to increase and improve low-carbon energy in the country,” says the agency’s executive director Maria van der Hoeven.

Van der Hoeven applauds the federal government’s carbon price as an essential part of reducing energy demand, but says it is only part of what will drive markets over the next 23 years.

Australia is poised to flourish due to increasing gas and coal exports, but needs to address infrastructure bottlenecks and workforce shortages, says van der Hoeven.

“Better co-ordination between the states and within the states, possibly involving Log in to read complete article.

Become a Recharge subscriber!

Or try our free trial.

Order Subscription

Already a member?

Login

Recharge App


Dowload the Recharge Mobile App
Get the free Recharge subscriber app on your device running iOS or Android.
Read Recharge anytime and anywhere.
Recharge IOS App