Business
‘Extremely challenging:’ AGL posts $2b loss as clean energy shift pummels profits – Sydney Morning Herald
Australia’s biggest emitter has posted a $2.06 billion loss as the rapid rise of renewable energy pummels its profits
AGL, the nations largest power supplier, has sunk to a $2.06 billion loss as the rapid rise of renewable energy continues to rock the market and pummel the companys profits.
With the influx of new wind and solar power driving down wholesale electricity…
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