Carbon tax could lock in gas-fired power for years

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The price on carbon was passed last week with the promise of pushing Australia in the right direction towards a cleaner energy future The carbon tax will work as an incentive to shift from coal to gas and this also means that it will push the development of coal seam gas.

Some experts say that the current scheme threatens to lock in gas as a major source of Australian energy supply for many years to come, thereby slowing down a shift towards fully renewable sources of energy.

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