Alan Finkel warns investment has stalled over climate policy uncertainty
Australia's chief scientist vows to 'thoroughly analyse all options' for energy market despite row over emissions trading
Australia's chief scientist, Alan Finkel, has tried to stay out of the fresh political row over emissions trading but says his review of the energy market will continue to analyse all the options to ensure future security of power supply and compliance with climate obligations.
Finkel's comments follow a briefing he gave on Friday to the prime minister and state and territory leaders about his preliminary report about the state of Australia's energy market. He warned that investment had stalled because of national policy uncertainty, and concluded current federal climate policy settings would not allow Australia to meet its emissions reduction targets under the Paris agreement.
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