Political Spectrum

• 29/9/2008 - Visy and emissions trading

Visy submission to the Government's emissions trading green paper:  "Visy's first-mover status in environmental performance puts it at a disadvantage compared with other Australian industries, including its competitors,'' the submission says. "The CPRS Carbon Pollution Reduction Scheme) does not recognise the carbon benefits from recycling, leading to severe collateral impacts on Australia's domestic recycling/remanufacturing industries.  "Full action of permits will unnecessarily damage the economy and constrain businesses' capacity to invest in reducing emissions.''   And more: "The proposed EITE (emissions-intensive trade-exposed industries) compensation does not protect against carbon leakage, carbon magnification and loss of jobs and investment.''

 

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