6 July 2012 – Companies liable under the Australian carbon price will pay up to 45 per cent less than initially expected, with cost savings totalling over $10 billion translating into significantly reduced carbon price impacts for Australian consumers and regional commodities buyers, carbon analytics firm RepuTex today said following a new study.
“Treasury has historically modelled a carbon price of upwards of $40, but this scenario is unrealistic in the face of low carbon offset prices in Asian markets,” The RepuTex study said.
“We anticipate the Australian market will hit a more moderate $8-15 level as we move towards 2020, well below Treasury estimates. Details