On one hand business have said they back carbon trading, followed by "We won't foot the bill".
This was the blunt message from big business, this was their message a day before
Professor Garnaut delivers his report on the impact of an emissions trading scheme.
Greig Gailey from the Business Council in Sydney, addressed the CEDA or Committee for the Economic Development of Australia to inform them that businesses and industry can't be expected to absorb the inevitable higher energy costs. He said that consumers, households, other businesses and government should prepare to pay more,when business is forced to pass on additional costs.
Because the cost of purchasing carbon credits will fall to business in the first instance, they can not be expected to absorb these costs. Business will respond in the usual way by increasing the costs. He went on to say " Efforts to force business to absorb these cost or to limit the extent to which business can pass on carbon costs will only result in less investment, fewer jobs and lower growth". It seems each time something comes along that isn't to the multi nationals liking, we hear that same phrase or similar.
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Instead of companies being more worried about earning what they refer to as an adequate return on their investment . Isn't it time to take a step back and look at damage already done. We should all be prepared to do our part including our government, where are the renewable energies? Global Warming didn't just appear, other countries had already started working on and installing solar installations, and wind farms as well as new technologies.
Australia should be working on existing problems to which there are many, not allowing more companies to rape our country sending profits off shore. When they have taken all the resources and gone, just what will be left for the future generations of Australia?
1 comment:
So just who does this country belong to,why are business permitted to to threaten & get their own way??
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