This, he said, was a result of the uncertainty around the renewable energy target – a policy which AGL had fought to reduce, or even repeal. 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 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 .