
Mike Cannon-Brookes and closing coal
Energy Insiders - a RenewEconomy Podcast
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Is the Arar Inclosure a Bigger Deal?
A, yes. And i mean, it's fortunate for agi earl in a sense that the earnings outlook in ta very short term has improved as r coal prices have gone up. But i want to suggest to you that's only a fairly temporary thing, and the long term trend remains pretty negative for all these guys. I actually think it would be great if networks and gene retail a generation could get back together again in the way that they were originally split up. The arar inclosure, it's one of the highest cost generators in australia. So i think closing that will essentially open up a lot of room for origin o to buy in cheaper energy and offer customers a
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