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Minerals Council told to face up to ETS

  •  20 March 2009
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Minerals Council told to face up to ETS

THE MINERALS Council of Australia has come under attack for failing to accept the emissions trading scheme (ETS).

Fiona Wain, chief executive of Environment Business Australia says the council should stop calling for delays to the scheme and instead look at the job and investment opportunities coming from moves towards a low-carbon economy.

The criticism comes after the release of a report commissioned by the British Government which has found Australian clean-technology investment to be worth more than £30 billion (about $62b) a year and growing.

Wain says Australia had great potential to more than double its investment in clean-tech. She claims there are vast opportunities for improvement which won’t completely change the world as we know it. She says the Australian economy has to become smarter and more efficient.

The Minerals Council of Australia says 10,500 Australian mining jobs had been lost since November 2008 and more would be lost if the Government's carbon pollution reduction scheme goes ahead in its present form.

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