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Rudd's unanswered ets question create jobs uncertainty.



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Wed, 1st October 2008 RUDD'S UNANSWERED ETS QUESTIONS CREATE JOBS UNCERTAINTY

The Hon Ian Macfarlane MP Shadow Minister for Energy and Resources

Unanswered questions about job losses continue to plague the resources sector because of the uncertainty surrounding the Rudd Government’s proposed Emissions Trading Scheme.

Shadow Minister for Energy & Resources Ian Macfarlane said businesses are still in the dark about the true impact of Mr Rudd's rushed ETS and are still waiting for the detailed Treasury modelling.

“The final Garnaut Report has made clear that Australia is dependent on the actions of other nations and that our emissions reductions target for 2020 could vary between 5 and 25 percent, depending on what the largest emitting nations decide,” Mr Macfarlane said.

“On top of that, given the Rudd Government seems to have downgraded Garnaut to just another contributor, there is still great uncertainty within the resources sector about what the Rudd Government ETS will actually entail.

“In the absence of Treasury modelling (due to be released months ago) and details about caps and carbon prices, workers employed at aluminium smelters, on LNG projects and at coal fired power stations still have no idea about whether they will have a job under the Rudd ETS.

“Mr Rudd must remember that an ETS is about more than just theory. Managing this issue on paper is far different from the reality.

“Massive job losses were not in the Kevin '07 election policies and is Mr Rudd going to be the one to knock on the doors of hundreds of thousands of workers across Australian industries and tell them and their families they won’t have a job under his ETS?

“The Rudd Government must make clear exactly how it plans to implement its ETS and get serious about installing new technologies to reduce greenhouse gas emissions from coal fired power stations.

“A continued reckless approach risks devastating the Australian resources sector and the hundreds of thousands of jobs that depend upon it.”