Alan Kohler is one of Australia’s most experienced business commentators. Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report. Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website. Alan is the regular finance presenter on the ABC News and producer of the popular nightly graph (or two).
Rule tweaks to America's northeast ETS seemed to have addressed price concerns, with a third consecutive auction above the Cost Containment Reserve, while the carbon market has also delivered $1.1bn in revenue.
Ian Macfarlane is trying to switch the onus of RET negotiations to Labor, and the industry, to come to him. But given it is his government that wants to change the law, shouldn't he detail what needs to change and the problem it will solve, besides improving coal generators' profits?