Gas' place in carbon pricing

HIGHER carbon prices will significantly reduce carbon emissions and generally favour gas to replace coal in the short term to 2025-2030, according to a new McKinsey report which modelled three scenarios based on three carbon prices. 

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Carbon pricing may encourage gas use in some nations.

A new push towards carbon pricing to reduce emissions globally is underway, if not yet in Australia, and global research firm McKinsey has found there could be variable effects on the use of