none

Carbon tax warning

21-09-2010
by 
in 

A carbon tax is an option that needs to be looked at, says Ai Group Chief Executive Heather Ridout.

However, Ms Ridout warned: “We need to acknowledge that all of the competitiveness issues that are associated with an emissions trading regime are also present with a carbon tax.  

“From that point of view there is no real advantage in using a tax Vs a trading regime.

"When the CPRS plan failed late last year the issues facing industry did not go away.

"Firstly, in the absence of a national plan, we face underinvestment in electricity generation, a rise in costs as capital equipment ages and the threat of electricity shortages a few years down the track.

"Secondly, Australian industry is currently facing a death by a thousand cuts.  Everyone seems to have their pet idea and most are incredibly costly for business and for households. 

“The proposals developed by the Victorian Government over the past month or so are a case in point. These include a potentially intrusive licensing regime for industrial projects.

“Many of the proposals in the ‘feel-good’ renewable energy space also fall into this high cost category and business is facing large increases in energy prices because of the Commonwealth Government’s renewable energy target.

“With very few exceptions these proposals do not include arrangements to ensure that competitiveness is not eroded," Ms Ridout said.

Related news & editorials

  1. 18.07.2018
    18.07.2018
    by      In
    3D printing with metals is affecting the way manufacturing occurs, and Australian distributor Raymax Applications reckons this is amply demonstrated by the application of SLM Solutions machines in metal manufacturing processes.
    SLM Solutions Group recently released its fourth generation 280 system... Read More
  2. 16.03.2018
    16.03.2018
    by      In
    In the 1960s, as much as a quarter of Australia’s workforce was employed in the manufacturing sector, and the industry fuelled 25% of the nation’s economy, according to the Productivity Commission. Half a century on, the closure of Toyota, Ford and then General Motors in October 2017 seemed to... Read More
  3. 24.01.2018
    24.01.2018
    by      In
    According to Southern Cross CEO, Mark Ferguson, if Australian industry really wants to get serious about saving energy then it needs to take a close look at ‘two-stage’, air compressor technology. As energy costs continue to outstrip other business input expenses it is critical, more than ever... Read More
  4. Martin Chappell
    03.11.2017
    03.11.2017
    by      In
    With Australia’s manufacturing industry strengthening, leaders and heads of IT are weighing up which new technologies they should implement to gain a competitive edge. Martin Chappell from Motorola Solutions explains how a simpler and more focused use of data can be the best approach.
    Australia’s... Read More