Pricing Carbon
Labor HQ posted Thursday, 24 February 2011
We know that acting on climate change isn't just the right thing to do, it is also an essential economic reform.
Australians are the biggest polluters per capita in the developed world, even more than the United States of America. Our climate is changing and we need to reduce carbon pollution now.
Acting Now
As Prime Minister Julia Gillard said today, history teaches us that in times of historic change, like the industrial and technological revolutions, the countries and economies that prosper are the ones that lead and shape that change.
Tony Abbott would have us wait and risk being left behind. Imagine if Bill Gates had said, "I'm not sure about this computer thing I'll wait and see for 10 years?" - where would Bill Gates be now?
If Australia was to be left behind right now it would risk the jobs of the future and threaten our long term prosperity.
Now is the right time to act.
A carbon price and how it will happen
Our two-stage plan for a carbon price mechanism will start with a fixed price period for three to five years before transitioning to an emissions trading scheme.
The Government will propose that the carbon price commences on 1 July 2012, subject to the ability to negotiate an agreement with a majority in both houses of Parliament and pass legislation this year.
A carbon price is a price on pollution. It is the cheapest and fairest way to cut pollution and build a clean energy economy. It is the right and necessary thing to do.
The best way to stop businesses polluting and get them to invest in clean energy is to charge them when they pollute.
The Government will then use every cent raised to:
• Assist families with household bills;
• Help businesses make the transition to a clean energy economy; and
• Tackle climate change and invest in a clean energy future.
A carbon price will mean that the businesses with the highest levels of pollution will have a very strong incentive to reduce their pollution.
Next steps
The Multi-Party Climate Change Committee along with the Non-Government Organisation and Business Roundtables on Climate Change will continue to discuss important elements of the proposal in the coming months.
Australia is a confident nation and we are good at change. When we floated the dollar and when we reduced tarriffs, we prooved just how good at change we were - when we make change we find the opportunities to build a prosperous future.
Now is our time to build a clean energy future.
More information
Tags: Carbon,
Climate Change,
Pricing Carbon,
Roundtables