Statement by BCA President Graham Bradley

The BCA policy is premised on the view that the best way for Australia to transition to a low-emissions economy is through a market-based emissions trading scheme.

For business to make the necessary investments to enable this transition it must have regulatory and policy certainty. 

These policies must enable emissions reductions to be achieved at least cost to the economy, maintain the reliability and viability of the domestic electricity industry, and maintain the competitiveness of Australia’s industries in the absence of a global price on carbon.

Despite recent developments the BCA remains committed to working with both sides of politics to ensure workable policies are put in place that assist Australia to transition to a low-emissions economy.