Scales weighs in on Carbon Debate
May 24th 2007 01:28
Sorry about the title, I couldn’t resist, rooky error I know. I will get back to the topic of Carbon Footprints soon especially now Thorpy is making it so popular - here is the link to his show’s website it is going to be really good. click here - but there is a lot of important politics going on re Australia’s Carbon policy at the moment.
Bill Scales the Chairman of the Council of Australian Governments Energy Reform Implementation Group – what a title – put his two cents worth in yesterday. He stated that Australia’s lack of National Policy was harming investment decisions by large companies in the Energy sector naming Electricity suppliers as the group most affected.
His comments were backed up by the CEO’s of these large companies complaining that they have to comply to 5 different schemes which makes it very difficult and that uncertainty over a National Policy is holding them back from making major technology investment decisions which will impact power supply in the Future. Grant King CEO of Origin stated "We think there will need to be something done to reduce Carbon Emissions at some point in the future, but because we don't know what that will be, it makes investment decision making very difficult. We can only chose from the current suite of technologies for the next round of investment generation. We can't make no decision and wait for some new technologies because we have to provide the electricity that our country needs" While I am definitely in agreement of the need for a clear national policy to bring us in line with the rest of the world it seems these comments are slightly opportunistic given the chaos in the sector at the moment. It would seem to me that all educated Asutralian's should know that we have a responsibility to reduce emissions whether we are told to and how or not.
The submissions for the Federal govt review are due next week and I imagine most of it will be leaked in the next few days. Smart money should be on the introduction for a National Register and a Cap and Trade system, it is definitely the lowest cost system to the Australian economy as opposed to a Carbon Tax. We will see.
Bill Scales the Chairman of the Council of Australian Governments Energy Reform Implementation Group – what a title – put his two cents worth in yesterday. He stated that Australia’s lack of National Policy was harming investment decisions by large companies in the Energy sector naming Electricity suppliers as the group most affected.
The submissions for the Federal govt review are due next week and I imagine most of it will be leaked in the next few days. Smart money should be on the introduction for a National Register and a Cap and Trade system, it is definitely the lowest cost system to the Australian economy as opposed to a Carbon Tax. We will see.
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