Representatives of Australia’s biggest employers, small businesses, the energy industry and the agricultural sector urge federal, state and territory leaders to put aside politics and ideology and support the implementation of the National Energy Guarantee.

Together our organisations represent businesses that employ millions of Australian workers. The business sector employs five out of six working Australians and contributes more than 80 per cent of economic output in this country.

Business and industry need policy certainty and stability in the energy sector. There can be no further delays. A decade of policy uncertainty has only resulted in higher electricity prices and a less stable and reliable energy system.

We call on COAG Energy Council to endorse the framework of the National Energy Guarantee to provide the investor confidence needed to make the important, long-term decisions for a reliable, affordable and clean energy system.

Now is the time to act in Australia’s national interest. Australian households and businesses cannot afford the costs of yet another cycle of political sparring, indecision and inaction.

Signatories:
The Business Council of Australia
Australian Industry Group
Australian Chamber of Commerce and Industry
Council of Small Business Organisations
National Farmers’ Federation
Australian Petroleum Production & Exploration Association
Australian Energy Council

Source: AiG

Image: 123RF