The Australian Conservation Foundation has asked Australia's corporate watchdog to investigate 'potential breaches of the Trade Practices Act' relating to public statements on the effects of the CPRS made by six major companies.
Chair of the Senate trading bills inquiry, Labor Senator Annette Hurley, has poured cold water on an ACF suggestion that a further round of legislation could be passed before mid-2010 if the current bill fails. Plus Colonial First State on the different messages firms can give to politicians and to investors, and more Senate testimony.
Many bilateral investment agreements and free trade agreements give foreign investors broad powers to seek compensation for legislative changes – and these could prove a major global stumbling block to efforts to introduce climate change legislation, according to lawyer and academic Kate Miles.
Averting runaway climate change requires "nothing short of an energy revolution", according to a Greenpeace report to be launched in Sydney today by Australia Institute founder Clive Hamilton and Greens Senator Christine Milne.
The Australian Conservation Foundation tells the Wilkins review the Mandatory Renewable Energy Target scheme is an essential policy measure, while the Business Council of Australia suggests more precise targeting.
A transport forum with members including NRMA, the NSW Roads and Traffic Authority, VicRoads, toll road company Transurban and car rental businesses yesterday combined with the Australian Conservation Foundation to send an open letter to Treasurer Wayne Swan urging him to abolish tax breaks for salary-packaged cars.
An alliance of industry, union and environment organisations launched this morning has urged the Rudd government to set a goal of having the equivalent of three 500MW power stations fitted with CCS by 2020.
As a first step, Australia needs to finalise by this September nationally-consistent legislation and a policy framework to overcome first-mover barriers, the alliance says.