Australia's energy transmission industry calls for carbon trading

Emissions intensity scheme is the least costly way of reducing greenhouse gases, Energy Networks Australia and Csiro say

Australia's electricity and gas transmission industry is calling on the Turnbull government to implement a form of carbon trading in the national electricity market by 2022 and review the scope for economy-wide carbon pricing by 2027.

Energy Networks Australia warns in a new report examining how to achieve zero net carbon emissions by 2050 that policy stability and regulatory certainty are the key to delivering lower power prices and reliable electricity supply.