the Loy Yang , the Chairman of AGL Energy , said that although the company is aware that the need for a plan to decarbonise Australia 's power generation is clear, it would require the introduction of a national plan that ﻿is supported by government policies that could take years to take e﻿ffect. Maycock acknowledged that AGL had been Australia’s biggest investor in renewable energy before the coal plant purchases were made, and admitted that despite the construction of the 102MW Nyngan solar farm, and the 53MW Broken Hill solar farm, AGL’s investment in renewable energy had “slowed dramatically”. Maycock also﻿ indicated that the company had enough base load coal to meet its requirements and that the﻿ profits from the Australia ﻿coal-fired power stations were enough to continue to invest in renewables, but only when ﻿the investment climate for new technology and energy storage products improved. AGL , is currently company's﻿ 's largest carbon emitter, and has been trying to preserve the﻿ value in their electricity and gas supply business in a world shifting towards firmly capping carbon.
the Loy Yang , the Chairman of AGL Energy , said that although the company is aware that the need for a plan to decarbonise Australia 's power generation is clear, it would require the introduction of a national plan that ﻿is supported by government policies that could take years to take e﻿ffect. Maycock also﻿ indicated that the company had enough base load coal to meet its requirements and that the﻿ profits from the Australia ﻿coal-fired power stations were enough to continue to invest in renewables, but only when ﻿the investment climate for new technology and energy storage products improved. AGL , is currently company's﻿ 's largest carbon emitter, and has been trying to preserve the﻿ value in their electricity and gas supply business in a world shifting towards firmly capping carbon.