Sustainability, carbon accounting and action
I understand from a range of press reports that the current Australian government has shelved plans to introduce a proposed Carbon Reduction Trading Scheme (CPRS or ETS (Emissions Trading Scheme) depending on the reporting journalist) and any scheme is unlikely to be introduced until 2013. So what does this mean for business? There has been talk in the media that business is unable to act because the legislative framework is too uncertain for business to act. Since when did business need certainty to act? While a clear CPRS may drive all businesses to take carbon accounting seriously, there are many …