Australia's industry urges more funds on climate change in budget

10:30, May 09, 2010      

Email | Print | Subscribe | Comments | Forum 

Businesses want to see more money spent on climate change to help them ease into an emissions trading scheme, the Australian Industry Group said on Sunday.

"We'll be saying to the government in the budget -- put some money back into the climate change action fund, so that industry can get on with the job of doing what it needs to do," The Australian Industry Group's chief executive Heather Ridout told Network Ten.

"So that when this thing does come into play we will be prepared and the whole thing will be better understood."

Ridout said it was also vital for the government to invest in training, said the skills shortage was one of the biggest challenges faced by businesses.

"Seventy-five percent of them expect to be hit by skills shortage at an extreme level over the next five years," Ridout said.

"There's not a much more important issue than that."

But at the same time, Ridout has urged the government to wind back its spending.

"If the budget doesn't do some pretty smart work on fiscal policy, it will put more pressure on interest rates as night follows day," Ridout said.

The federal government has decided to hold off on its Carbon Pollution Reduction Scheme until 2013.

Source: Xinhua

(Editor:祁澍文)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • On Sept. 26, a resident passes by a flower terrace decorated for the coming National Day. (Xinhua/Hang Xingwei)
  • The photo, taken on Sept. 26, shows the SWAT team ready for the joint exercise. (Xinhua/Wangkai)
  • Two metro trains in Shanghai collided Tuesday afternoon, and an identified number of passengers were injured in the accident, the Shanghai-based eastday.com reported. Equipment failures were believed to have caused the crash on the Line 10 subway, Xinhua quoted local subway operator as saying.
  • An employee at a gold store in Yiwu, located in east China's Zhejiang province, shows gold jewelry on Monday.(Xinhua/Zhang Jiancheng)
  • Tourists ride camels near China's largest desert lake Hongjiannao in Yulin, north China's Shaanx Province, Sept. 24, 2011. Hongjiannao is shrinking as a result of climate change and human activities, and may vanish in a few decades. Its lake area, which measured more than 6,700 hectares in 1996, has shrunk to 4,180 hectares. Its water level is declining by 20-30 centimeters annually and its water PH value has risen to 9.0-9.42 from 7.4-7.8. (Xinhua/Liu Yu)
  • Actors perform royal dance at the Gyeongbok Palace in Seoul, Sept. 27, 2011. A ceremony commemorating the 38th South Korea Sightseeing Day was held in Gyeongbok Palace on Tuesday. (Xinhua/He Lulu)
Hot Forum Discussion