Caltex is committed to addressing the serious issue of
climate change by working with governments to develop effective
policies to reduce emissions.
Caltex accepts the science behind global warming. The
Intergovernmental Panel on Climate Change, a body set up by the UN
in 1988, says it is very likely the increase in temperatures since
the mid twentieth century is a result of increased greenhouse gases
in the atmosphere from human activity.
Climate change presents a significant risk to economies, societies
and the environment. There are costs for Caltex in reducing
emissions but also opportunities, and a responsibility to the
community to act.
Caltex supports setting a national goal for reducing greenhouse gas
emissions. This goal should be determined and adjusted from time to
time on the basis of the best available science.
Caltex supports the introduction of a price on carbon
which maintains the international competitiveness of Australian
industries such as oil refining. Governments should also look to
more effective policies to reduce emissions from light vehicles,
such as a package of 'complementary measures' to encourage new,
more efficient vehicle technology and use of alternative
fuels.
Caltex's position on climate change
Caltex:
- accepts the conclusion of Intergovernmental Panel on
Climate Change that "most of the observed increase in globally
averaged temperatures since the mid-20th century is very
likely due to the observed increase in anthropogenic greenhouse gas
concentrations"
- recognises that climate change presents a significant
risk to economies, societies and the environment
- advocates a broad-based approach to emissions abatement
recognising that there are many pathways to reduce greenhouse gas
emissions over the short, medium and longer term
- supports a national approach to climate change policy in
Australia to ensure that the most effective and appropriate
frameworks are put in place
- supports public reporting of greenhouse gas emissions to
provide clear understanding of trends in industry emission
profiles
- expects policy decisions by governments to be based on
sound scientific and economic analyses that recognise the risks,
costs and benefits to the downstream petroleum industry (including
refining and marketing sectors) as well as to society
- encourages co-operative international actions by
governments and industry that recognise the global nature of
climate change and contribute to sustainable longer term climate
change mitigation
- supports a long term aspirational national goal for
reduction of greenhouse gas emissions
- supports introduction of a national pricing mechanism for
carbon.
20 07 2012 Caltex submission to the Proposal for the Liquid Fuels
Opt-in Scheme
09 02 2012 Caltex submission to the Price Floor for Australias
carbon pricing mechanism
03.05.2010 - Caltex PM Task Group Energy Efficiency Issues
Paper
31.07.2009 -
Caltex Australia Limited submission to the Senate Select Committee
Inquiry into Fuel and Energy
09.06.2009 - Caltex Australia Limited submission on Energy White
Paper discussion papers
06.05.2009 - Caltex Australia Limited comment on the Issues Paper
regarding Eligible Emissions Units as Financial Products
23.04.2009 - Caltex
Australia Limited submission to the Senate Select Committee on
Climate Policy
21.04.2009 -
Caltex Australia Limited opening statement to Senate Select
Committee on Climate Policy inquiry into Climate Policy
25.02.2009 -
Opening statement by Caltex Australia to hearing of Senate Select
Committee on Fuel and Energy
30.04.2008
- Caltex submission to Garnaut Climate Change Review Emission
Trading Scheme Discussion Paper
.