Opinion

Business backs bigger 2030 target to put us in decarbonisation box seat

The strong investment message sent by moving faster and harder on emissions would lock in first mover advantages in industries of the future.

Tim Reed and Jennifer Westacott

Oct 10, 2021 – 3.16pm

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The Business Council of Australia has been working for more than two years to find the economically optimal transition pathway for the country to achieve a net zero economy by 2050 at the least cost and greatest environmental, economic and social gain.

Our goal has been to move the country beyond re-prosecuting old debates that only serve to fracture and splinter, and instead ready Australians to take advantage of the enormous opportunities that decarbonisation offers.

Tim Reed is the president of the Business Council of Australia.

Jennifer Westacott is chief executive of the Business Council of Australia.