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Friday, 05 December 2008

Wong refuses to soften emissions trading scheme for business

1/09/2008 3:19:00 PM.  | AAP

Federal Climate Change Minister Penny Wong has refused to bow to business demands for a softer emissions trading scheme and ruled out allowing a rise in carbon pollution.

In a speech to business leaders today, Senator Wong stuck to her guns on climate change.

Under the government's proposed emissions trading scheme, due to start in 2010, a cap will be set on carbon emissions which will be reduced over time.

Some business leaders have asked that extra emissions be allowed on top of that cap, to encourage new projects.

Senator Wong today flatly rejected the proposal, which could result in a rise in total emissions over time.

"We have a national cap, and exceeding it comes at the price of international credibility," she told a large Australian Industry Group forum at Parliament House.

Senator Wong said Australia could not ask other countries to cut their emissions while increasing its own.

"If we are going to get the global action we need, we will have to act at home," she said.

Allowing emissions on top of a national cap was "fundamentally inconsistent" with the Kyoto process, she said.

Senator Wong asked business leaders to take that into account when lobbying the government on emissions trading.

She did not appear receptive to requests for special treatment for particular industries, saying the whole economy had to play its part to tackle climate change.

Nor did she warm to giving out more compensation to businesses, which some groups have asked for.

Senator Wong said she was open to discussions about how the proposed compensation fund could be redesigned, but was less enthusiastic about offering more money.

Offering more compensation to any industry, or firm, meant other industries would have to shoulder more of the burden of tackling climate change, she said.

"What I ask is that business leaders recognise also the consequences of any particular design suggestion," Senator Wong said.

The government wanted a fair contribution to tackling climate change across the economy, she said.

Heather Ridout, chief executive of the AI Group, took Senator Wong to task on behalf of business, asking for gentler scheme.

"Our view has to be that we ought to have the cap high and the price low, as low as possible, until the rest of the world comes along," Ms Ridout told Senator Wong.

But Senator Wong said there were no easy answers.

"There isn't a menu of easy options when it comes to climate change," Senator Wong said.

In her speech, she also touched on the need to find a low-emissions path for developing nations to lift people out of poverty, and on the critical role of the US in forging a global pact on climate.

COMMENTS

Monday, 01 September 2008

Penny Wong - Saving the world 1% at a time. What's the bet that for every 1% reduction in Carbon emissions from Australian business the following happens - Unemployment rises by 1%, Imports from China rise by 10%. But if it makes Penny sleep better at night then that's ok. I am sure that in 20 years time when China has wiped out the world economy they will consider doing something for climate change.

Posted by: Mark Sinclair, Maryland

 

Monday, 01 September 2008

Typical of business lobbyists to try to create loop holes in this scheme. We know how hard the climate Septics are working to stop any progress being made. It's funny, Ostriches don't stick their heads in the sand when danger approaches but greedy people do. It is so good to see Howard's efforts to slow progress on this matter being undone by Labor and to know that we can just steamroll the septics as they kick and scream about not being allowed to keep up their dirty ways.

Posted by: Graeme Henderson, Darling Downs

 

Monday, 01 September 2008

The place is grinding to a halt now, so you miss wong may as well finish the job off and bring us to a complete standstill China is getting all our business as it is they dont need any help from you. You are going to shut down what ever industries we may still have in operation, what destruction course are you and that lame brain prime minister on, do you have any idea what it is costing the average person in this state to meet their responsibilities

Posted by: charlotte young, penrith

 

Monday, 01 September 2008

Ms WONG wants to slow down our industry because of climate change, CHINA is a major contributor to carbon emissions, a lot of of the products used in Australia come from CHINA, Mr. Rudd speaks CHINESE......Are we missing something here..????

Posted by: keith rowland, tweed heads

Tuesday, 02 September 2008

keith- Don’t forget we also contribute to the Chinese greenhouse emissions with our Coal exports-haven't heard Rudd, Wong or Garrett comment on the Coal issue.

Posted by: Desmond Harris, Beacon Hill

 

Tuesday, 02 September 2008

I am starting to think this is one of the creative ways for labor to "keep downward pressure" on interest rates - by screwing up the economy. So at least we should be thankful (NOT!) that they are starting to fulfill their election promises.

Posted by: W O, Turramurra

 

Tuesday, 02 September 2008

The only dangerous emissions are the ones that are coming out of the mouths of Labor politicians.

Posted by: Desmond Harris, Beacon Hill

 

Tuesday, 02 September 2008

Once again Henderson miss the point of the debate. Climate change exists so get on with fixing the problem. We are not going to fix the problem by ruining the Australian Economy. We must engage the large developing nations and have them accept some responsibility in this. Our token effort as proposed by Rudd and Wong will doing nothing but send the country bankrupt,

Posted by: Mark Sinclair, Maryland

 

Tuesday, 02 September 2008

As with all things governments can never get it right early on. In time they will realise they got it wong again but only when its sent a lot of people onto the scrap heap.

Posted by: G Brandis, Sydney

 

Wednesday, 03 September 2008

I have one question for Penny Wong - show me the evidence that carbon emissions cause global warming. There is none. All scientists know this including the political hacks at the IPCC who are just trying to protect their billion dollar industry of alarmism. Global temperatures are dropping while carbon emissions are rising. Stop this fraud now before we destroy our chilldren's future.

Posted by: Craig Scott, Baulkham Hills

 
 

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