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'Crazy' carbon backflip means 'even higher prices', experts warn

Phillip Coorey
Phillip CooreyPolitical editor
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A key element of the Coalition's 2017 policy platform, a review into climate change policy, has been shattered in less than 36 hours following a revolt by the Liberal party's right wing.

But experts have warned the right wingers misunderstood what they were complaining about and the decision to rule out an emissions intensity scheme for the electricity sector could result in higher power prices.

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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com

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    Original URL: https://www.afr.com/business/energy/crazy-carbon-backflip-means-even-higher-prices-experts-warn-20161206-gt5j49