[Greens-Media] No Regrets Carbon Trading Called For

[Annie Mayo]

MEDIA RELEASE 

Greens Call for No-Regrets Emissions Trading


Greens MLC Paul Llewellyn today called for the government to embark on a no-regrets emissions trading strategy rather than walk the flawed European path.

“Europe fell into the trap of allowing industry to set its own emission targets. As a consequence big polluters gained windfall profits and crashed the carbon market by quickly reaching targets that were too easy.

“The Howard government appears to be heading in the same direction by predominantly relying on our biggest polluters to have too big an influence in the design of Australia’s emissions program. 

“It brings to mind the clichéd adage of putting foxes in charge of the chook house. 

“Economists around the world have clearly illustrated we can instead have a win-win, no-regrets emissions trading strategy. A well-designed carbon trading system would offer Australia the biggest opportunity to modernise its economy. We could readily move towards modern liveable cities, efficient homes and transport and, most importantly, an efficient industry. 

“The logic that argues labour productivity improvements as a way of improving the economy can be applied to efficiency targets for energy and resources. The government has failed to grasp the importance of improved energy efficiencies across the whole economy. 

“Economic modelling by the Climate Institute shows that setting stretched carbon emission targets and establishing a simple, transparent system will result in improved economic efficiencies. 

“Australian’s have the ability to rise to challenges and respond by innovation. I believe the people of Australia are ready to meet the challenge of climate change, they just need some forward thinking government decision making to support them.”

For more information contact Paul Llewellyn 0428 317 182 

 


Annie Mayo
Electorate Officer
Hon Paul Llewellyn 
Greens MLC
South West Region
P O Box 541 Denmark WA 6333
Tel: 08 9848 1555
Fax: 08 9848 2200
FREECALL 1800 641 440