The Australian Sustainable Business Group (ASBG) commented on the Clean Energy Legislation Package (CELP).

ASBG supports the government’s approach in establishing price on carbon and other greenhouse gases to reduce Australia’s emissions of greenhouse gases. Overall the thrust of the CELP is supported, however a number of concerns also arise.  To improve the CELP’s approach ASBG recommended the Government:

  • Re-consider the initial set price and fixed trajectory prices favouring a lower start price
  • Provide a better transition program from the set price to the floating price and undertake further investigation into this transition.
  • Additionally, ASBG is concerned over the risks to the CELPs revenue streams after the price is floated and carbon liable companies can purchase upto 50% of credits from overseas sources.
  • Re-evaluate the grant programs to ensure these better reflect and support the lowest cost emissions reduction programs during the long transitional period towards the long term emissions reduction targets.  ASBG is concerned the grant and assistance package is too heavily focused on renewable technologies.
  • Support for the National energy Savings Initiative.

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