Institutional investors with more than one trillion dollars in funds have published an open letter to Prime Minister Tony Abbott urging him not to wind back the RET target.
Growing investor nervousness about carbon exposure is driving Standard & Poor's efforts to incorporate carbon risk analysis into all its credit ratings, with the roll-out beginning next year, says the agency's head of global carbon markets, Michael Wilkins.
The Australian Conservation Foundation has asked Australia's corporate watchdog to investigate 'potential breaches of the Trade Practices Act' relating to public statements on the effects of the CPRS made by six major companies.
Many bilateral investment agreements and free trade agreements give foreign investors broad powers to seek compensation for legislative changes – and these could prove a major global stumbling block to efforts to introduce climate change legislation, according to lawyer and academic Kate Miles.