SBC/CLC consultation on the second emissions reduction plan (ERP2)

SBC/CLC propose to respond at a strategic level, focusing on whether the actions outlined will deliver on the emissions reductions required. Specifically, we will be looking for member views to inform an assessment/comment on the following:

1. Adequacy
2. Clarity and transparency
3. Measurability and accountability
4. Comprehensiveness
5. Integration with other policies and business objectives
6. Risks
7. Cost-effectiveness and economic impact
8. Social equity and just transition

Circumstances have changed since the first emissions reduction plan and we know more about policy options across the sectors. We also expect the release of the Climate Change Commission’s first monitoring report soon. In the SBC/CLC response we will look to highlight some of the work done by others regarding potential solutions, please us know if you have any to add. We do not anticipate drafting a detailed sector-based response.

We will do a deeper dive in the future on specific options that will improve business’ ability to contribute to emissions reductions. We will not be providing this content as part of the SBC/CLC consultation response given timelines. We will be providing this advice to Government.

We have selected the following areas to focus on: