The carbon police have teeth!
The first 300 Australian companies start mandatory carbon reporting on July1. Interesting times. The figures will eventually be put on public view. It is estimated that businesses will have to spend $7bn on rebuilding corporate computer systems and overhauling workplaces to meet the federal government’s new greenhouse gas emission reporting requirements.
The real issue is reduction and there is a huge interest in this. The accountancy firms are taking on more people in their sustainability and assurance services and accounting sooftware firms like MYOB are apparently exploring how to help facilitate the process.
The big emitters like coal and oil are lobbying hard to try to be exempted ye gods! Predictable but ludicrous if they get away with it. I guess the big dilemma for the Labour government is their dual commitment to the people who voted them in for their perceived “green” credentials and promise to sign Kyoto vs their huge membership in the outer suburbs where there is limited public transport, major mortgage stress and petrol prices are very sensitive.
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