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Labor's emissions trading scheme will cost local jobs.



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Labor’s emissions trading scheme will cost local jobs

Friday, June 12, 2009 

Source: Warren Truss MP

Federal Member for Wide Bay Warren Truss has pointed to a report prepared for the Queensland Government that shows that 592 jobs in the Wide Bay-Burnett and 505 jobs in the Sunshine Coast regions will be lost or foregone, as a consequence of the Rudd Labor Government’s Carbon Pollution Reduction Scheme (CPRS).

Mr Truss said the research forecasts that a total of 126,000 Australian full-time jobs could disappear under the Federal Government’s rushed and bungled emissions trading scheme, including 28,000 in Queensland.

“I believe even these numbers understate the job losses as new investment is withdrawn and industries move overseas to escape Labor’s CPRS,” Mr Truss said.

“The research indicates that our economy will suffer, with job losses occurring in local communities including 55 in Cooloola, 84 in Hervey Bay, 156 in Maryborough, and 70 in Noosa.

“These job losses highlight the real and tangible effects of the Rudd Government rushing ahead with an emissions trading scheme before Australia even knows what the rest of the world will do.”

The report exposes Labor’s emissions trading scheme as a tax on households, business and industry that will increase the cost of living and put people out of work.

Australian produced goods will cost more but imported products will not because they will not have to pay a carbon tax.

“Mr Rudd’s scheme is rushed and bungled. It is deeply flawed because it has been designed to suit Labor’s political timetable rather than serve our national interests.

“The design of the Rudd emissions trading scheme fails on all counts - it will destroy Australian jobs, kill investment and do nothing to reduce CO2 emissions,” Mr Truss said.

“Australia produces only 1.4% of the world’s CO2 emissions, so it is clear that only a global plan will reduce emissions and help the environment.

“To effectively meet the huge cost of supporting greenhouse gas abatement requires a strong economy, with people in jobs and business and industry performing well,” Mr Truss said.

The Coalition has offered bipartisan support to the Government for the carbon abatement targets Australia takes to the Copenhagen climate change conference in December.

“This means the Australian Government can go to the conference with a united national position and seek a global commitment to address climate change,” Mr Truss said.

“However, the Coalition believes that it would be premature to lock Australia into an emissions trading scheme that is out of step with the rest of the world.

“The Coalition wants to defer a Parliamentary vote on the Government's proposed ETS until after the Copenhagen meeting but Labor is determined to rush its legislation through.

“If Labor does not defer this vote they will be voting to create unemployment and voting to destroy the Australian economy, with no environmental benefit.”

The research undertaken by Access Economics indicates the employment and economic consequences of Labor’s emissions trading scheme on every part of Australia. The report was commissioned on behalf of the Council for the Australian Federation Secretariat, consisting of every State and Territory Government in Australia.

The report is available at http://www.caf.gov.au/documents/Access%20Economics%20-%20CPRS%20-%20Report%202.PDF