Solar companies first in hot seat over misleading carbon tax claims

THE consumer watchdog has taken on some of the nation’s most powerful business peak bodies over their claims that power prices would rise by up to 20 per cent in the next year because of the carbon tax.

The Australian Competition and Consumer Commission claimed its first scalps yesterday on ”misleading” carbon tax advertising, revealing that it had swooped on two solar companies that stated the carbon price would increase power electricity prices 20 per cent this year and up to 400 per cent higher by 2019.

The stoush came as the Prime Minister, Julia Gillard, confirmed the government was involved in discussions on the planned floor price for carbon permits. The Herald understands there are no discussions to scrap the floor price but the government is in talks with the Greens on how to tackle the fraught issue of stabilising the price of permits once the carbon tax becomes an emissions trading scheme in 2015… Read more

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