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. Maxim Integrated’s line of AEC-Q100 Grade 1 solutions for automotive systems, the DS28E40 is a parasitically-powered authenticator utilising a 1-Wire interface for simple connectivity.
    01.03.2021
    01.03.2021
    by      In , In
    In critical systems, genuine components are the safest and most reliable.
    As cars become more sophisticated, safety and security risks grow as well. Designers can now enhance these elements for vehicle systems while reducing both complexity and code development by authenticating genuine components... Read More
  2. A world-first advanced manufacturing accelerator known as ‘Line Zero – Factory of the Future’ has begun construction at the Tonsley Innovation District near Adelaide, as the government looks to the future to reinvigorate the manufacturing industry.
    18.02.2021
    18.02.2021
    by      In , In , In
    A world-first advanced manufacturing accelerator known as ‘Line Zero – Factory of the Future’ has begun construction at Tonsley Innovation District near Adelaide, as the government looks to the future to reinvigorate the manufacturing industry.
    The South Australian government has matched a $5... Read More
  3. Left to right: Jeff Tighe, Rod Tighe, David Macdonald (Applied Machinery)
    09.02.2021
    09.02.2021
    by      In , In , In
    Metal products can be spun using one piece of material to produce parts without seams or welds. Without seams, a part can withstand higher internal or external pressure exerted onto it.
    One of the more unique products that Tighe Metal Spinners produces each year is the AFL Premiership Cup for Cash’... Read More
  4. 05.02.2021
    05.02.2021
    by      In , In
    In critical systems, genuine components are the safest and most reliable.
    As cars become more sophisticated, safety and security risks grow as well. Designers can now enhance these elements for vehicle systems while reducing both complexity and code development by authenticating genuine components... Read More
Products
Suppliers