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AAP
AAP
Business
Marion Rae

Gas intervention, bottlenecks could slow energy change

Credit ratings agency Moody's says Australia's transition to renewable energy faces difficulties. (Jono Searle/AAP PHOTOS) (AAP)

A leading ratings agency has warned against gas price intervention if Australia's transition to a cleaner electricity grid is to succeed.

Moody's Investors Service says their central scenario is still for an increasing pace of transition in Australia's emissions-intensive energy market, but this change faces difficulties.

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