Environmental News

Has the listed Australian clean-tech sector turned the corner?

Admin Keep Queensland Beautiful - Tuesday, October 02, 2012

Call it coincidence, but the listed Australian clean-tech sector is having one of its rare good runs, and it’s come just as the country introduced its carbon price.

No one expected a carbon price to have much impact on clean-tech stocks, mostly because they thought the effect would be gradual and long term – although it might add to sentiment.

But the carbon price has also coincided with a reversal in fortunes for the fossil fuel sector – the coal miners in particular as the heat comes out of the China market in particular.

Read more: http://reneweconomy.com.au/2012/has-the-listed-australian-clean-tech-sector-turned-the-corner-93201