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Business roundtable held to discuss accelerating the low carbon economy in Victoria

24 May 2010
Business roundtable held to discuss accelerating the low carbon economy in Victoria

The Climate Group today hosted a roundtable for Victorian Industry and Trade Minister Jacinta Allan and representatives from 11 global businesses to establish how Victoria could take a leading role in driving a low carbon economy.

The roundtable discussed how the businesses could do more to advance the low carbon economy in Victoria and what role the State Government could play to assist them to do this.

Referencing the Australian Government’s decision to put its proposed Carbon Pollution Reduction Scheme (CPRS) on hold until at least 2013, Ms Allan said Victoria did not need to wait for a CPRS to take action and drive down emissions.

“What is apparent is that Victorian businesses are keen to advance towards a low carbon economy, and while some can already point to examples of this, there is no doubt we need a combined approach to establish where the key opportunities to make a difference exist," she said.

“The Victorian Government has already been on the front foot advancing towards a low carbon economy - last month launching our $175 green jobs action plan, Jobs for the Future Economy, outlining key initiatives to help our State be among the first to capitalize on emerging jobs and business opportunities.

“Following today’s meeting, we have commissioned The Climate Group to prepare a Business Guide to the Low Carbon Economy for Victoria, to be released later this year,” Ms Allan said.

“The guide will provide practical steps for businesses to get on top of measuring and curbing greenhouse gas emissions from their operations and provide case studies and information specific to Victoria, so that business can evaluate their situation and develop appropriate measures to reduce greenhouse gas emissions while saving money at the same time.”

Chair of the meeting, Rupert Posner, Australia Director of The Climate Group, said he was buoyed by the great desire to work together.

“Nobody can do this on their own; it needs to be a team effort.  The message from these successful mainstream businesses is that acting to address climate change is good for the economy. This is a message that needs to be heard more often, by more people, and acted on more widely," Mr Posner said.

The group of 11 global businesses at today’s roundtable included Alstom, Origin, NAB, Better Place, Lend Lease, CISCO, Bunnings, Arup, GE, Visy and PWC.

Previous guides commissioned by The Climate Group include Queensland and New South Wales in Australia, and California in the United States.

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