Friday, August 8, 2008

Electricity sector calls for "pass through" clause for ETS

8/8/08:

Electricity companies intend to pass on any extra costs they face under an emissions trading scheme (ETS) while also accepting compensation from the Rudd government.

Clauses for "carbon adjustment" were now being added to future electricity supply contracts, according to a Fairfax report on Thursday.

A lobby group also says the move will see the coal-fired sector pass on the cost of tackling climate change to the consumer.

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