AGL – Bills to rise thanks to climate change

AGL is merely stating the obvious, but the sooner the public becomes fully aware of this the better.

The emissions trading plan – the central plank of the Rudd Government’s environmental agenda – will have a “material impact” on AGL’s cost structure and those of other energy suppliers, the company’s chairman, Mark Johnson, warned shareholders yesterday.

All of which costs will be passed on to us, the long-suffering Aussie public.

Read it here.