According to key industry figures, introducing a carbon trading system with set minimum emission reductions and no international agreements will create significant problems for Australian business.
The Minerals Council of Australia has said it hopes the Federal Government's White Paper released today will include a phased and measured transition to emissions trading.
The Federal Minister for Resources and Energy, Martin Ferguson, and Queensland's Minister for Mines and Energy, Geoff Wilson, have attended a ceremony to mark the commencement of works at the Callide Oxyfuel demonstration plant in Biloela, Queensland.
The Australian Coal Association has launched a comprehensive website explaining the new generation of low emissions coal technologies and their role in addressing climate change, the executive director of the Australian Coal Association (ACA) Ralph Hillman told a press conference in Canberra today.
The Minister for Resources and Energy Martin Ferguson has announced the formation of a National Low Emissions Coal Council and a Carbon Storage Taskforce to drive the adoption of low emissions coal technologies.
The widening gulf between ‘fundraising stunts’ and ‘the plain hard work’ needed to address global climate and energy demand was in evidence at either end of the country, Queensland Resources Council Chief Executive Michael Roche said.
The Garnaut Review’s draft report released in July has contributed to the national debate about Australia’s response to climate change.
The Minerals Council of Australia (MCA) has said measured transitional arrangements will be the key to ensuring the proposed emissions trading scheme achieves its environmental objectives without compromising economic growth, community living standards and the competitiveness of Australian industry.
THE Emissions Trading Task Group (ETTG) Report has released a framework for emissions trading which it says would allow the Australian minerals sector to play a key role in reducing greenhouse gas emissions.