Electricity Sector Using Fear Tactics to Derail Emissions Trading Scheme

Wednesday, 02 July 2008 00:10

“This is a blatant attempt from energy-intensive industry to sabotage an emissions trading scheme, these polluters will try anything to stay on top of the game, but enough is enough. The government has to stand up to them,” stated Jeff Angel, Director of Total Environment Centre.

“An emissions trading scheme is vital to reduce emissions and aid in the fight against climate change. Its purpose is not to excuse major polluters and reinstate them in their dominant position. If everyday people have to change their ways, so should they,” said Mr. Angel.

“The energy ministers have fallen for the scaremongering of the major polluters. They need to be listening to Professor Garnaut who has been clear that there is no case for compensating electricity generators for their failure to reign in emissions,” said Tony Mohr, Climate Campaign Manager for the Australian Conservation Foundation.

“Renewable energy targets are also extremely important for the environmental and economic future of our country. That future is going to be carbon-constrained and decreasing the dependence on coal is inevitable. It is a big change, but it’s a positive one”, said Mr. Mohr.

State energy ministers have raised concerns that coal power stations will become bankrupt with the implementation of an emissions trading scheme and mandatory renewable energy targets, with demands made from the energy sector for compensation to be provided in this event.