A price on pollution is vital to open the door to investment in clean energy technologies and create jobs for future generations, and this week’s announcement by the Government, Greens and independents on a way forward is an important step towards that.
The agreement sends a positive signal to industry and workers that the Gillard Government is committed to tackling carbon pollution and the major economic reform of our generation, said ACTU President Ged Kearney.
Unions will now have a clearer framework in which to work to ensure that there is a just transition to a low-carbon economy, with compensation for low-income households and support for jobs and communities in making the adjustment.
Ms Kearney said the initial outline announced by the Prime Minister suggests that the Government understands the success of reducing pollution relies heavily on setting a price on carbon alongside complimentary measures such as investment in innovative technology and industry.
“The decision to include an interim fixed price will allow for a transitional period to support industries and business adapt to a cleaner and more energy efficient approach,” Ms Kearney said.
However, it is essential that Australia transition to a cap-and-trade to achieve pollution reduction commitments while supporting long-term structural changes in the Australian economy.
“It’s important that Australia plays a fundamental global role on this issue while also ensuring that families and communities are not disadvantaged in the process”.
“There are environmental, social and economic factors to consider and we don’t believe that market measures alone will be sufficient in achieving all the changes necessary,” Ms Kearney said.
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