The Turnbull government's much-debated National Energy Guarantee will fail to lift energy investors' confidence even if gets approval and goes ahead, leading industrial analyst IBISWorld says.
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| IBISWorld believes that the NEG will fail to provide investor certainty. |
The global analysis firm said the final NEG decision, due Tuesday and Wednesday this week, will lock in energy and climate policy mechanisms that will ultimately dissuade investment.
The Coalition claims the NEG will remove uncertainty, but IBISWorld said ongoing debates in the energy industry and action by activists will stop it achieving these aims.
Read the story from The Age by Cole Latimer - “NEG will fail to lift investor confidence: analysts.”
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