Our research this year has uncovered a number of interesting insights into how business views the existing federal policy suite, and the need to connect with international markets as they develop.
The Carbon Market Institute’s 2016 Australian Climate Policy Survey contributes to a broader national discussion ahead of the Australian Government’s planned 2017 Climate Policy Review.
The Institute is also pleased to release at this time its initial media release and Position Statement on the factors to consider in the setting of the terms of reference for the 2017 review of Australia’s domestic climate policy.
83% of respondents agreed or strongly agreed that baselines under the safeguard mechanism should be set to tighten over time in line with Australia’s 2030 emissions reduction target.
83% of respondents indicated it is important there are other sources of private sector demand for domestic abatement under the ERF other than government purchasing.
79% of respondents believe the Australian Government’s 2017 Climate Policy Review should commence sooner, in 2016.
85% of respondents indicated Australia should be part of international carbon market developments under the UNFCCC Paris Agreement, which will enter into force on November 4, 2016.
92% of respondents view that the conditions and criteria for how baselines under the safeguard mechanism will be adjusted in the post 2020 period is an essential component of the review.