Big business responds to Australia’s carbon proposals
A report launched today by the Australian Business and Climate Group (ABCG) has highlighted that plans for an Australian emissions trading scheme (ETS) will not, on their own, be a sufficient response to meet future emissions targets.
Members of the ABCG include Deloitte, Anglo Coal, BP Australia, Mirvac, Rio Tinto, Santos, Swiss Re, VicSuper and Westpac. Though the group “strongly supports” the introduction of an ETS, urgent development of a national low emission technology strategy is required to complement a scheme, says ABCG.
Deloitte’s Lorraine Stephenson says: “Australia cannot afford a fragmented approach. Government and
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