A healthy natural environment is essential for human wellbeing. But environmental impacts are often seen as less important than economic income GDP generated by business. The wellbeing of future generations will suffer without action to reduce biodiversity loss and pollution. The generation of environmental impacts can be internalised to the market by charging companies for the pollution or other impacts they cause. These increased costs on pollution can then allow reductions in tax for individual income. The threat of climate change in particular requires immediate and strong action and we must rise to the challenge of collaborative mitigation with international governments.
Australia is one of the world’s biggest supporters of the fossil fuel industry. As demonstrated by our delegates at the Paris climate talks who refused to sign an agreement that would phase out fossil fuel subsidies. These tax-based fossil fuel subsidies amount to around $12 billion per year (Market Forces).
Environmental Policy Advocacy
- The re-introduction of a floating price on carbon benchmarked against international carbon markets.
- Remove the subsidies currently provided for fossil fuel production and consumption.
- The re-launching of the Clean Energy Finance Corporation with an express mandate to invest in renewable energy technologies.
- Radical transparency and increased consumer product labeling information about ecological impacts for products and services. This information can allows people to integrate their values and principles into environmentally sustainable purchase decisions.