Australia Holds Business Roundtable On Climate Change

Source: Government of Australia
Posted on: 28th November 2010

The Business Roundtable on Climate Change will hold its first meeting tomorrow at Parliament House in Canberra, bringing together leaders from across the economy including the mining, transport, manufacturing, energy, retail and finance sectors.

The Roundtable will serve as a forum to discuss the future of our economy.

It will focus on how we reduce carbon emissions in a way that delivers sustainable growth, maximises productivity and supports jobs across the nation.

Business recognizes that we must tackle climate change in order to support long term investment and competitiveness, and the Roundtable provides a forum for open and frank discussions about how this can best be delivered.

The Roundtable will discuss a range of issues in advance of their consideration at the Multi-Party Climate Change Committee.

This will help ensure that Government representatives on the Committee have an accurate and current understanding of the business perspective on issues.

Ultimately, business leaders will be at the front-line of managing this necessary transformation to a low-carbon economy so it is fundamentally important that their views are taken into account.

The first meeting will provide an update on Government policy with respect to climate change, invite feedback from the business community, and include a discussion about the broader economic environment and policy reform agenda.

We don’t expect all members of the Roundtable to agree on every issue.

But we do anticipate that the discussions will improve our understanding of different perspectives, and help build a public consensus in support of a carbon price through a market mechanism.

The Roundtable includes companies, which employ approximately 380,000 people in Australia and generate annual revenues of $225 billion, as well as peak industry groups.

The Committee is expected to meet regularly until the end of 2011.

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