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AAP

Business

Marion Rae

AGL demerger 'turd rolled in glitter'

AGL AGL Energy Accel Energy AGL Australia Mike CannonBrookes

AGL Energy's demerged business units are set to breach global climate targets, critics say. (AAP)

Documents show AGL Energy's demerged business units are set to breach global climate targets, critics say.

Australia's biggest energy company on Friday released the demerger booklet required by regulators for the board's plan to create an energy retailer - AGL Australia - and a coal-fired electricity generator - Accel Energy.

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