Australian Renewable Energy Companies Support Labor Victory, Review Says

Renewable energy companies have supported Labor’s election win as it may lead to the early introduction of a price on carbon pollution, the Australian Financial Review reported. Pacific Hydro Pty General Manager Australia Lane Crockett said the company was hopeful that a price on carbon would be introduced “in at least the next couple of years,” according to the report.

To contact the reporter on this story: Wendy Pugh in Melbourne at wpugh@bloomberg.net

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