Yes, we really do need a Clean Commodities Trading Company. Pronto
A price on carbon is unlikely in the near term. Reality demands alternative strategies to catalyse private investment efficiently and effectively.
By Oliver Yates and Elizabeth Thurbon
Huw McKay’s critique of the proposal to establish a Clean Commodity Trading Company (CCTC) is a welcome contribution to the debate on Australia’s energy transition.
Like McKay, we strongly support a credible price on greenhouse gas emissions to speed up decarbonization and bolster Australia’s position in clean commodity industries like green iron, steel and aviation fuel.
But in the near term, achieving this outcome is unlikely.
Read the full article with the Mandarin, first published on 24 January 2025.