Australian Business Leaders Unite to Back the Carbon Price

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MEDIA RELEASE Embargo: 9am, 13 April 2011 Australian business leaders unite to back the carbon price Coalition of business leaders release statement of support to Government climate policy Australia, 13 April 2011 - Companies from a range of industries incl udi ng GE, AGL, Linfox, Fujit su, BP, Better Place, IKEA, Kell & Rigby, Alstom, Pottinger, ARTC and Pacific Hydro today released a  j oi nt statement to back a carbon p rice. Pledgi ng support for the intro duct ion of a mechanism to put a price on carbon, the coalit ion of  businesses present ed a united front to encour age all members of Parli ament to take positive action and assist Australia’s transiti on to a low-carbon economy. In a joint statement , the companies said: “As major Australian and international corporations and representative associations operating across the Australian economy we strongly support the introduction of a well-designed carbon price to support the transition to a low-carbon economy.  Australia must aim to be globally competitive in clean energy, energy efficiency and low-carbon tec hnolo gy. Prici ng carbon is criti cal to provi ding business cert ain ty and unlocking the jobs and investment that will accompany the transition to a prosperous, cleaner and internationally- competitive economy.  As the costs of action are outweighed by the costs of delay the carbon price should be impleme nted as soon as possibl e. A price s hould be accompan ied by appropr iate transiti onal assistance for households and trade-exposed industry, as well as complementary measures that reduce emissions at least economic cost. We look forward to working with the Multi-Party Climate Change Committee and all members of  Parliament as they implement a carbon price.”  The companies listed in this release are currently signatories to this statement and urge others to  j oi n them. A second group of small and medium-siz ed enter prises is currently forming t o further endorse the statement. The organisat ions represent a diverse range o f industri es including infrastr uctur e, IT, energy, capital, construction and resources. The coalition is urging more businesses to pledge their support and work with the Multi-Party Cl imate Chang e Commi tt ee to shape a carbon price mech ani sm which will promote inves tment in cleaner business practices, improve international competitiveness, grow more jobs and help Australia reduce its carbon intensity. To join the coalition, contact Ben Waters, Commercial Director, GE:  [email protected] 

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8/6/2019 Australian Business Leaders Unite to Back the Carbon Price

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MEDIA RELEASEEmbargo: 9am, 13 April 2011

Australian business leaders unite to back the carbon price

Coalition of business leaders release statement of support to Government climate policy

Australia, 13 April 2011 - Companies from a range of industries including GE, AGL, Linfox, Fujitsu,BP, Better Place, IKEA, Kell & Rigby, Alstom, Pottinger, ARTC and Pacific Hydro today released a joint statement to back a carbon price.

Pledging support for the introduction of a mechanism to put a price on carbon, the coalition of businesses presented a united front to encourage all members of Parliament to take positiveaction and assist Australia’s transition to a low -carbon economy.

In a joint statement, the companies said:

“As major Australian and international co rporations and representative associations operatingacross the Australian economy we strongly support the introduction of a well-designed carbonprice to support the transition to a low-carbon economy.

Australia must aim to be globally competitive in clean energy, energy efficiency and low-carbontechnology. Pricing carbon is critical to providing business certainty and unlocking the jobs andinvestment that will accompany the transition to a prosperous, cleaner and internationally-competitive economy.

As the costs of action are outweighed by the costs of delay the carbon price should beimplemented as soon as possible. A price should be accompanied by appropriate transitionalassistance for households and trade-exposed industry, as well as complementary measures thatreduce emissions at least economic cost.

We look forward to working with the Multi-Party Climate Change Committee and all members of Parliament as they implement a carbon price.”

The companies listed in this release are currently signatories to this statement and urge others to join them. A second group of small and medium-sized enterprises is currently forming to furtherendorse the statement.

The organisations represent a diverse range of industries including infrastructure, IT, energy,capital, construction and resources.

The coalition is urging more businesses to pledge their support and work with the Multi-PartyClimate Change Committee to shape a carbon price mechanism which will promote investmentin cleaner business practices, improve international competitiveness, grow more jobs and helpAustralia reduce its carbon intensity.

To join the coalition, contact Ben Waters, Commercial Director, GE: [email protected]

8/6/2019 Australian Business Leaders Unite to Back the Carbon Price

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List of participating companies and associations

AGLAlstomARTCARUPAustralasian Railway AssociationBetter PlaceBig Switch ProjectsBPCatholic SuperConsult AustraliaEcosaveFujitsuGEGreen Building Council AustraliaIKEAJohnson ControlsKell & RigbyLinfoxLocal Government SuperPacific Hydropitt&sherryPottingerWestNet Rail

Media Contacts

Joanne WooGE Australia & New Zealand02 9324 74670409 330 731 [email protected]

Jessica Powern2n communications02 9213 23010426 266 732 [email protected]