SYDNEY -- Australia's major power companies are accelerating plans to shut down carbon-spewing power plants that run on coal, due to ramped-up pressure from investors and the government.
Shift from coal could trigger tighter energy supplies, impacting Asia
AGL operates three coal-fired power plants in Australia, including this one in the Hunter Valley. © Reuters
SYDNEY -- Australia's major power companies are accelerating plans to shut down carbon-spewing power plants that run on coal, due to ramped-up pressure from investors and the government.