Submission | Response to the Department of the Environment and Energy Discussion Paper on Review of Climate Change Policies

Stable and predictable policy is required to meet Australia’s internationally agreed target to 2030, and the objective of keeping warming well below two degrees by 2050. However, the introduction of climate policies fundamentally and permanently alters the Australian economy and involves significant costs. The principles guiding policy should therefore not be based solely on emissions reductions, but on ensuring continued economic prosperity for Australians, remaining a competitive jurisdiction to attract global capital, and being able to compete in the provisions of goods and services.