Thursday, May 20, 2010

Creating Jobs - Cutting Pollution

I see that the report Creating Jobs - Cutting Pollution has been released. Some still think these are opposites, but the report shows differently. It compares 'weak action' (just an emissions trading scheme) to 'strong action' - an ETS plus initiatives like energy efficiency, investment in renewable energy, fuel efficiency and public transport.

Strong action increases GDP by 3.2% per year (weak action 2.8%) and strong action creates 770,000 more jobs than weak action (which creates more jobs than taking no action). Strong action also means less imported oil ($181 billion) and efficiency savings ($53 billion for households alone).

Don Henry remarked that Australia’s transition to a cleaner economy was being held back by government policies. "In this election year Australians want our leaders to show they have got a serious plan to shift us to a cleaner economy with new industries and better jobs."

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