BCA's climate of investment uncertainty

10 years after Peter Costello took an emissions trading proposal to Cabinet, 12 years since John Howard established the Renewable Energy Target we're still mired in endless policy reviews undermining investment stability and productivity. Lobby groups are the only beneficiaries.

It’s been 10 years since Peter Costello first took an emissions trading proposal to Cabinet, 12 years since John Howard established the Mandatory Renewable Energy Target and six years since the Howard Government committed to an emissions trading scheme and Kevin Rudd promised to increase the Renewable Energy Target fourfold. Carbon pricing and climate action has a history in Australia.

It’s also 10 years since I established my business, Greenbank Environmental – now Australia’s leading independent environmental trading company.

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