Emissions Trading

In April 2007 the BCA released its Strategic Framework for Emissions Reduction, which outlined the BCA policy position on climate change. The framework identified the need to take a risk management approach and to introduce a linkable emissions trading scheme (ETS).

But Australia cannot go it alone. What is required is an international response including all emitters. In the absence of global action, Australia must ensure its actions do not unnecessarily impact on its economy and living conditions.

A well-designed ETS will ensure Australia can manage its economic growth while contributing to a reduction in global emissions. A poorly designed ETS means high economic and social costs for Australia with no environmental gain.

In August 2008 the BCA released Modelling Success: Designing an ETS that Works, the first hard data on what will happen to real companies in Australia unless some modifications are made to the Rudd Government’s proposed Carbon Pollution Reduction Scheme.

In December 2008 the federal government released its white paper on emissions trading. Read the BCA President’s statement in response to the white paper and the emissions reduction targets in the white paper.

BCA Secretariat contact: Maria Tarrant, Director Policy

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Featured Publications

Emissions Trading

A well-designed scheme will ensure Australia can manage its economic growth while contributing to a reduction in global emissions.

President’s Statement on the Announcement of the 2020 Emissions Reduction Target

The Australian Government’s emissions reduction target announcement sets in train a fundamental restructuring of the Australian economy.

Statement by BCA President Greig Gailey on EITE Elements of the Federal Government’s White Paper

The BCA welcomes the extensive consultations undertaken by government in refining the proposals in its green paper to address the impact of the Carbon Pollution Reduction Scheme (CPRS) on emissions-intensive, trade-exposed (EITE) industries in the absence of a global response.

Submission to the Department of Climate Change on the Renewable Energy Target and Treatment of Electricity-Intensive, Trade-Exposed Industries

The government should reconsider whether there are other, more appropriate policy tools to bring forward both renewable and low-emissions technologies without undermining the Carbon Pollution Reduction Scheme.

Keep Politics Out of Emissions Solution

The government and Opposition must work together to find the best solution to climate change, writes Greig Gailey in The Australian Financial Review.

Energy Efficiency One Part of the Bigger Climate Issue

The BCA and its members have strongly endorsed the development of an emissions trading scheme as part of a multifaceted response to climate change that includes research and development, adaptation and energy efficiency.

Changes to the Proposed Carbon Pollution Reduction Scheme

Given Australia’s current economic circumstances, the BCA welcomes and supports the government’s responsible decision to delay the commencement of the CPRS by one year to 1 July 2011.

The Planet Needs Both Sides

The emissions trading scheme must not come at the cost of competitiveness, writes Greig Gailey in the Herald Sun.