APPEA has singled out the competitive burden the RET places on trade-exposed industries, with APPEA Chief Executive David Byers commenting that LNG exporters are among the most trade-exposed of all Australian exporters.

“They cannot pass increased costs on to consumers and any loss of international competitiveness would benefit Australia’s international LNG competitors or suppliers of alternative, higher greenhouse gas emitting, energy sources,” Mr Byers said.

“The Government’s recognition of the need to reduce pressure on energy intensive trade exposed sectors is therefore welcomed.