Australian business executive, Andrew Liveris, is preparing to lead a new push for a price on carbon, The Sydney Morning Herald reports.
Liveris recently entered discussions with John Kerry, US President Joe Biden’s climate envoy, over how the world should design and implement carbon-pricing regimes.
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“Pretty much everyone in the business community has realised that the best way to make the most of the proclamations and progress here in Glasgow is to align behind a common way to price carbon, AKA an emissions trading scheme,” Liveris told The Sydney Morning Herald and The Age at the COP26 summit.
The Morrison government has ruled out a carbon scheme, but Liveris said Australia would have the best chance of achieving net zero emissions by 2050 if an emissions trading scheme was coupled with the federal government’s focus on new technology.
“Can technology road maps scale new affordable, reliable energy without [a] carbon price? I give it a good chance, but a carbon price will make it even better,” he said.
Source: The Sydney Morning Herald.
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