Monday May 30, 2011

Open letter of support for a price on carbon

Australia’s leading energy companies today reaffirm their support for the urgent
introduction of an effective price on carbon.
The nation’s top 17 energy companies, many of whom are major employers in regional
Australia, appeal to the Australian Parliament to act quickly. The introduction as soon
as possible of an effective price on carbon will drive the process of decarbonising
Australia’s energy market. This has the potential to unlock an estimated $20 billion of
new clean energy investment in regional and rural Australia.
Australia’s emissions reduction target of 5% below 2000 levels by 2020 has bipartisan
support. A price on carbon, with appropriate transitional arrangements for households
and industry, and complementary support for the development and deployment of
clean energy technology, is widely recognised as being the most efficient and effective
way of reducing emissions to meet this target.
Australians want to cut pollution, action on climate change and a clean energy future,
while business wants certainty to invest in more clean energy projects and jobs.
Members of Parliament are urged to constructively participate in the debate on the
final form of carbon pricing in Australia.
The following companies support the legislation of an effective price on carbon being
implemented as soon as possible:
Acciona Infigen Energy
AGL Pacific Hydro
Alstom Parsons Brinkerhoff
BP Solar Siemens
Conergy Snowy Hydro
Energy Developments Suzlon
First Solar TRUenergy
GE Vestas
Hydro Tasmania