Gerry Maycock , the CEO of AGL , 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 development of a national plan that ﻿is supported by environmental 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 company's﻿ ﻿coal - fired power stations were enough to continue to invest in coal , but only when ﻿the investment climate for new energy and energy related products improved . AGL Energy , is currently Australia '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 .
Gerry Maycock, the Chairman of AGL, 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 company's﻿ ﻿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 Energy, is currently Australia'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.