Emissions Reduction

The Business Council of Australia says Australia should adopt long-term targets, allowing time for clean technologies to be proved and made commercially available.

From ‘Green Guru Says Cuts Won’t Hurt’ by Angus Grigg, The Australian Financial Review, 28 March 2007, p. 3.

Business Council of Australia president Michael Chaney said he would support the plan – provided it protected Australian export industries and led to a global scheme. He said the only long-term solution to curtailing greenhouse gas emissions was for Australia to be part of a valid global system in which every economy was a participant. “As long as you can structure such a system to protect the industries that are important to Australia, it would be sensible to have a domestic system that sends proper price signals to consumers in the long run,” he said. “It is a big ‘no no’ unless you structure the system so that you maintain competitiveness.”

‘Businesses Lean to Green Plan’ by Ben Ruse & Chris Johnson, The West Australian, 27 March 2007, p. 4.