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Australian Business Leaders Unite to Back the Carbon Price

Australian Business Leaders Unite to Back the Carbon Price

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Published by AustralianLabor

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Published by: AustralianLabor on Jun 03, 2011
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Embargo: 9am, 13 April 2011Australian business leaders unite to back the carbon price
Coalition of business leaders release statement of support to Government climate policy 
Australia, 13 April 2011
- Companies from arange of industries including GE, AGL, Linfox, Fujitsu,BP, Better Place, IKEA, Kell & Rigby, Alstom, Pottinger, ARTC and Pacific Hydro today released a joint statement to back a carbon price.Pledging support for the introduction of amechanism to put aprice on carbon, the coalition of businesses presented aunited front to encourage all members of Parliament to take positiveaction and
assist Australia’s transition to alow
-carbon economy.In ajoint statement, the companies said:
“As major Australian and international co
rporations and representative associations operatingacross the Australian economy we strongly support the introduction of a well-designed carbonprice to support the transition to a low-carbon economy. Australia must aim to be globally competitive in clean energy, energy efficiency and low-carbontechnology. Pricing carbon is critical to providing business certainty and unlocking the jobs andinvestment that will accompany the transition to a prosperous, cleaner and internationally-competitive economy. As the costs of action are outweighed by the costs of delay the carbon price should beimplemented as soon as possible. Aprice should be accompanied by appropriate transitionalassistance for households and trade-exposed industry, as well as complementary measures thatreduce emissions at least economic cost.We look forward to working with the Multi-Party Climate Change Committee and all members of 
Parliament as they implement a carbon price.”
The companies listed in this release are currently signatories to this statement and urge others to join them. Asecond group of small and medium-sized enterprises is currently forming to furtherendorse the statement.The organisations represent adiverse range of industries including infrastructure, IT, energy,capital, construction and resources.The coalition is urging more businesses to pledge their support and work with the Multi-PartyClimate Change Committee to shape acarbon price mechanism which will promote investmentin cleaner business practices, improve international competitiveness, grow more jobs and helpAustralia reduce its carbon intensity.To join the coalition, contact Ben Waters, Commercial Director, GE: ben.waters@ge.com 

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