The Business Council of Australia has agreed on a policy position to tackle climate change involving sustainable emissions reduction strategies while protecting Australia’s economic base.
As foreshadowed in the BCA’s interim submission to the Prime Minister’s Task Group on Emissions Trading last month, the BCA’s emissions reduction policy is multifaceted, based around a cap and trade emissions trading scheme, together with immediate and long-term emissions reduction targets, and both the development and deployment of low-emissions technologies.
The BCA’s position was agreed at the Council’s Annual Forum this week following six months of consultation with Member Companies, which represent a third of Australia’s economic activity and employ nearly one million Australians.
“The business community has developed a broad consensus on a way forward that recognises the complexity of moving from a high to low global emissions economy,” BCA President Michael Chaney said.
See full Press Release.
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