Given the current uncertainty about who will form the next Commonwealth Government, I thought it would be useful to inform our readers about our Greenhouse Gas Policy. The critical components of the Board endorsed policy are:
- AGL supports expedited development of a national emissions trading scheme (such as the Carbon Pollution Reduction Scheme);
- AGL supports the expanded Renewable Energy Target which has been legislated and is now in operation; and
- AGL believes that a national energy efficiency certificate scheme should be developed incorporating the existing State-based schemes.
AGL urges all policy makers to adopt this three-tiered policy approach to remove the current uncertainty which will result in deadweight losses to the economy unless resolved.