Mar 20, 2009 - 1:21pmResponse to the Business Council of Australia’s media release,
Friday 20th March, Energy Efficiency one part of the bigger climate
Climate Institute CEO John Connor said:
welcome the BCA highlighting that uncertainty and delay on addressing
climate change is stifling business investment in areas such as low
emissions technology and energy efficiency.
“We agree and urge
the Coalition and Government to get on with the job of delivering a
full package of emissions trading, research and development, adaptation
and energy efficiency measures.
“Our concern is the current
measures, with only loose conditions and transparency attached to the
multi-billion dollar taxpayer handouts and inadequate targets will not
drive sufficient investment in clean jobs and a clean economy.
call on the Coalition and the Government to strengthen the conditions
and transparency on the handouts and to strengthen our reduction
targets, in the context of a global effort, to at least 25 per cent
reductions off 1990 levels by 2020.”
“We repeat our earlier
calls for the BCA and its members to come clean on what emission
reduction targets are needed for a strong economy and safe climate.
“Do they support the Government’s view that the national interest is in returning global greenhouse levels to 450 ppm or lower?
they therefore, like the Property Council and other large investors,
back the scientific view that to meet this national interest developed
countries as a group, as part of a global effort, need to reduce 1990
pollution levels by 25 to 40% by 2020?”
To read the BCA’s statement visit their website
To read the TCI’s original media release, to which the BCA refers, see here