The Business Council of Australia will find itself the target of a negative advertising campaign for declaring that an emissions reduction target of 45% would wreck the Australian economy.
With Labor planning to go to the federal election with an emissions reduction target of 45%, and the Coalition spoiling for a partisan fight, the progressive thinktank the Australia Institute will invest campaign resources in debunking a claim from the BCA that the proposed target is “economy-wrecking”.
In public statements in support of the Coalition’s now dumped national energy guarantee, a policy that included an emissions reduction target of 26% by 2030, the BCA described that level of abatement as “workable” but characterised Labor’s 45% alternative as “economy wrecking”.
The Morrison government is also gearing up to campaign against the 45% target.
The new prime minister – who has dumped the Neg and its roadmap for emissions reduction in the electricity sector, prompting a backlash from energy stakeholders, business and climate groups – has been ratcheting up the rhetoric on Labor’s target, declaring earlier this month a 45% target would increase power prices by “an estimated $1,400 per household”.
The Australia Institute’s advertisements will appear online on Thursday and then screen on Sky News from next week and then breakfast commercial TV.
Its executive director, Ben Oquist, said it was important to ensure debates about public policy were fact-based …
Recent research funded by the Australian Council of Social Service (ACOSS) and the Brotherhood of St Laurence found power prices for households would fall by 2030 under four scenarios modelled by Frontier Economics”: business as usual and emissions reduction targets of 26%, 45% and 65%.
SOURCE: Murphy, Katharine. “Business Council faces Negative ad Blitz over Criticism of 45% Emissions Target.” The Guardian, 27 September 2018.
Produced by the librarians at the Brotherhood of St Laurence in Melbourne, Australia