Large emitters need to think carefully before converting their carbon units to cash, a consultant has warned, with the Clean Energy Regulator also sounding a note of caution.
An expert report for a Queensland coal project says a carbon price of about $25 will make it cost-effective to introduce an innovative technology that significantly reduces methane emissions released during mining.
If your suppliers are set to receive federal carbon compensation then challenge them if they hit you with price rises, says Energetics' Brian Innes, who cautions that many pass-through claims have been 'completely overplayed' and the biggest risk flowing from inflated costings is not the ACCC.
Small and medium-sized companies grappling with the indirect costs of the carbon price scheme should follow 'three broad steps', according to Ai Group chief executive Innes Willox.
Businesses that chose to sit out the carbon policy debate are now rushing to bed down strategies to manage carbon pass-through costs, says consultancy Energetics.
An Australian technology company has won the contract to capture, manage and report energy and sustainability data for Microsoft's global operations – and the test-bed of NGERS was crucial in giving it a competitive edge, says its CEO.
The carbon price means sustainability managers now have senior management's attention – but they risk squandering it unless they front up with good data, says David Solsky of CarbonSystems.