Carbon policy indecision creates 'investment strike' in renewables

Energy regulators say energy sector needs policy certainty before investment can grow, Senate told

The uncertainty of Australia's carbon policy is causing reduced investment, including in renewable energy, regulators have told a parliamentary committee.

Officials from the Australian Energy Market Commission told the standing committee on the environment and energy on Friday that an emissions intensity scheme was the best solution to end uncertainty because it was technology neutral and could respond to variables such as high gas prices.