Treasury modelling approves the Emission Trading Scheme (ETS)

The Australian Climate Change Minister, Penny Wong stated that “All the way along we have said that taking action on climate change is the economically responsible thing to do, and this modeling which we will be releasing in detail tomorrow confirms that that is the case.  We can take action on climate change but also retain a strong economy, and in fact we would anticipate that the modeling will show that there are significant opportunities for Australia if we do take action on climate change.

The modeling shows that Australian industries will remain competitive and there are significant opportunities in us taking action on climate change and doing the economically responsible thing.  The longer that we leave it, the more it will cost to implement.  It is interesting that the UK government have just legislated for 80% reduction of emissions by 2050.  This is the target the scientists say we all need to reduce by.

My own concern is about the impact of the ETS on small businesses that are caught in a supply chain and need to cope with an imposed reporting regime to retain their major customers.

If you own a small business you need to be proactive and get your carbon emissions reduced now both to save money and to be prepared for carbon reporting.  Phone 1300 88 3646 (Aust) or 618 8364 5741 (Int.) or fax 618 8311 5233 to book a consultation to find out more.

This entry was posted on Monday, November 3rd, 2008 at 1:50 am and is filed under Global Warming, Climate Change & Energy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.