CANBERRA (Reuters) - Most Australian manufacturers have taken no action to become more energy efficient, despite hefty electricity price rises in recent years and a major political debate about pricing carbon emissions, a report released Monday says.
The report by the Australian Industry Group (AIG), which represents the nation's manufacturing sector, said around 66 per cent of companies had made no energy efficiency improvements over the past five years.
But the report said electricity prices are set to double from 2008 levels by 2015, due to higher prices for coal, new investment in electricity networks and as Australia imposes a price on carbon emissions.