November 2012 – The growing variability, intensity and uncertainty of the earth’s climate is already affecting communities, markets and business operations. A clear, stable, ambitious and cost-effective policy framework is essential to underpin the investment needed to deliver substantial greenhouse gas emissions reductions by mid-century.
The Carbon Price Communiqué makes the case for setting a price on carbon emissions as one of the main building blocks of an effective and ambitious climate change policy framework. With this document business leaders are reiterating the value of a strong carbon price as a tool that if designed properly, can work along with other complementary policies to deliver carbon emissions reductions proportionate with the scale of the climate challenge.
