Australia’s biggest power and gas company, Origin Energy Ltd (ASX:ORG), has called for political and public consensus on how to reduce carbon pollution, according to The Australian Financial Review.
The AFR reports that Origin, as a gas-fired and renewable energy producer, would benefit from a carbon pollution tax as it would drive consumers to its product and away from coal-fired generation.
CEO Grant King has told the paper that the current political divide surrounding the federal government’s proposed carbon tax is creating substantial uncertainty around the future.
Origin anticipates a minimum fixed price of $25 a tonne is necessary to lower greenhouse emissions and make a difference to the energy supply mix.
In the six months to 31 December 2010 Origin slipped into the red, booking a net loss of $100 million.
