AGL CEO: Scrap RET, start again fresh

AGL's Michael Fraser claims investors no longer have confidence in RET sufficient to support investment in new projects, suggests we need new policy framework which also encourages exit of old generators. Self-serving - yes, but can we restore investor confidence?

AGL Energy's chief executive, Michael Fraser, has made the claim on ABC’s Radio National Breakfast program that the Renewable Energy Target scheme is broken and should be abandoned.

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