Australia: Power firms not preparing for low carbon future – WWF

Date: 8 Sep 2008

Environmental campaign group WWF has said that too many power firms in Australia are failing to plan for a lower carbon future.

The group said that it had carried out an assessment of nineteen major firms, and found that eleven of these were not ready to deal with the significant changed reality that a carbon–constrained world would present.

It named its worst performers as being Alcoa, Intergen and Rio Tinto, whilst Origin Energy was granted top marks and was credited, along with TRUenergy, for having publicly available emission reduction targets.

However, Rio Tinto has commented that it was marked down by the group because it did not respond to a request for information from WWF rather than because the score accurately reflected the company's practice. Out of the 19 companies approached, only six responded, with WWF assessing the remaining 13 from publicly available information such as annual reports and websites.

Alcoa also responded to say that the company was continually reducing greenhouse gas emissions, and that its operations in Australia were amongst the most efficient in the world.

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