Will AGL have to choose between green and brown gold?

AGL Energy managing director Michael Fraser finds himself in an intriguing position as chairman of the Clean Energy Council, a role that should put make him pivotal to the push for the fastest possible deployment of renewables in Australia.  Fraser’s commitment to an aspirational goal for renewable energy has been virtually unquestioned for much of the past few years, as AGL Energy sought to position itself for the “clean energy future” with the lowest emissions profile of any major energy utility, and the biggest investment of any Australian company in renewable energy development. Fraser has been one of the strongest public advocates for both a carbon price and a strong renewable energy target, particularly among the ranks of the major listed companies on the Australian Stock Exchange.