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Australia congratulated for 'clarity, perseverance and leadership' on ETS

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13 June 2012


ONE of the founding fathers of the UK emissions trading scheme, from one of the UK’s foundation universities, has congratulated Australia for showing ‘clarity, perseverance and leadership’ on carbon pricing.

On the eve of a free public forum in Port Macquarie on renewable energy, the author of the world’s single most influential political document on global warming, Sir Nicholas Stern, has written to Independent Lyne MP Rob Oakeshott to reaffirm that science and economics back Australia’s strategy on an emissions trading scheme.

In a three-page letter to Mr Oakeshott, Lord Stern congratulates Australia on its climate change economics, suggesting it could open up great opportunities for business.

Lord Stern is from the London School of Economics, one of the world’s most selective and prestigious universities, and rated by the Fulbright Commission as “the leading social science institution in the world”. It is ranked the number two university in the UK behind Cambridge and ahead of Oxford.

“Lord Stern is one of the world’s leading conservative economic and political voices on climate change. His voice matters, and he reaffirms the policy of pricing carbon matters,” Mr Oakeshott said.

“His contribution to the debate in Australia is once again timely, and re-affirms why Australia is doing what it is doing. His research and conclusions also reaffirm my position on the need for an ETS, a policy I took to the 2008 by-election in Lyne and again at the general election in 2010,” Mr Oakeshott said.

Mid-North Coast residents wanting to learn about the benefits, the business opportunities and the investment opportunities that will be possible as a result of carbon pricing are encouraged to attend the free public forum at Port Macquarie’s Glasshouse from 6pm Thursday.

“Clean energy creates jobs, particularly for regional communities, and does so without polluting the land we farm, the water we drink or the air we breathe,” Mr Oakeshott said.

Keynote speaker is Nathan Fabian of the Investor Group on Climate Change, a group whose members manage more than $700 billion of funds and is looking to expand this investment in Australia.

The forum starts at 6.30pm, however visitors are welcome to attend from 6pm and talk to stallholders, who have marketing, commercial, consultative, education or public awareness interests in clean energy and carbon pricing.


  Media contact: Sharon Fuller - 0429 787320