2010/09/14

(BN) AGL CEO Fraser Sees Australian Carbon Price as ’Inevitable’

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AGL CEO Fraser Sees Australian Carbon Price as 'Inevitable'
2010-09-14 07:28:40.333 GMT


By James Paton
Sept. 14 (Bloomberg) -- AGL Energy Ltd. Chief Executive
Officer Michael Fraser said he considers it "inevitable" that
Australia will introduce a price on carbon emissions.
A carbon price may not be in place within the next two or
three years, Fraser said in Sydney today. Australian business
needs certainty on the issue, he said.

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To contact the reporter on this story:
James Paton in Sydney at +61-2-9777-8698 or
jpaton4@bloomberg.net

To contact the editor responsible for this story:
John Viljoen at +61-2-9777-8657 or
jviljoen@bloomberg.net