Australian carbon risk
Energy
The Australian government has made numerous steps to drive a constraint on carbon. The safeguard mechanism was amended on 1 July-23 and other changes to drive decarbonisation are coming. There are also market pressures, both domestic and offshore. Rimor believe very few companies and investors are stress-testing the impact of an elevated carbon price. Rimor deemed carbon risk faced by Ampol, Cleanaway, Incitec Pivot, Qantas and Orica as requiring further analysis.
Edition: 168
- 01 September, 2023