Graph of the Day: Companies say carbon price to stay

Published by

Despite all the bluster from Tony Abbott and the Coalition about repealing the carbon price, most companies simply don’t believe him, as our Graph of the Day shows.

According to a survey by Point Carbon/Thomson Reuters, reflected in this table below, around two-thirds of the respondents to a survey believed that the carbon price was a “fait accompli”, and few had changed their position in 2013, despite Labor continuing to fall in the polls.

The major caveat, of course,is control of the Senate. If the Coalition wins that, then all bets are off, but most companies simply don’t believe Abbott will follow through with a double dissolution on a carbon price and clean energy.

The survey of 2,041 respondents found that more than two-thirds of companies had set up trading operations for allowances and offsets, and 80 per cent had not even considered moving any production offshore as a result of the carbon price. More than three-quarters of respondents expected China to have a national emissions trading scheme.

Giles Parkinson is founder and editor-in-chief of Renew Economy, and founder and editor of its EV-focused sister site The Driven. He is the co-host of the weekly Energy Insiders Podcast. Giles has been a journalist for more than 40 years and is a former deputy editor of the Australian Financial Review. You can find him on LinkedIn and on Twitter.

Giles Parkinson

Giles Parkinson is founder and editor-in-chief of Renew Economy, and founder and editor of its EV-focused sister site The Driven. He is the co-host of the weekly Energy Insiders Podcast. Giles has been a journalist for more than 40 years and is a former deputy editor of the Australian Financial Review. You can find him on LinkedIn and on Twitter.

Share
Published by

Recent Posts

Bunnings extends zero up-front home solar and battery deal to three new states

Bunnings is rolling out its solar-battery subscription service to cities across the east coast after…

24 April 2026

“I’ll sign, you drill:” State puts oil and gas project on fast-track, two days after “calling in” another big battery

State government fast tracks approval for Australia’s first new prospective oil field in 50 years…

24 April 2026

“More gas will cook our planet:” Protestors disrupt oil and gas giant AGM as new CEO lands $17m package

Protesters, including a Greens Senator, disrupt oil and gas giant AGM that approved a salary…

24 April 2026

Higher bill presented for 10 spinning machines fast-tracked to protect “heartbeat” of grid

Transmission company has presented a higher than forecast bill for 10 spinning machines that were…

24 April 2026

Like Google Maps for the grid: AEMC seeks to boost network visibility of solar, batteries and EVs

AEMC proposes network data and planning reforms it says will be like "upgrading ... from…

24 April 2026

Former ABC political editor to host fund-raiser to help launch new nuclear campaign

A former ABC and Nine News political editor is helping anchor a fund raiser for…

24 April 2026