The Business Council of Australia, the Australian Industry Group and the Australian Chamber of Commerce and Industry (ACCI) have risen up against “green tape”, asking Julia Gillard and the premiers to scrap “futile” green energy schemes and warning environmental regulations are jeopardising $900 billion in resources and infrastructure projects.The trio have presented a paper which gives an example of one company which reported that complying with the Energy Efficiency Opportunities Act required 660 employee hours with $480,000 of consultancy fees. The business groups claim over 240 federal and state policies administered through different agencies relate to energy efficiency and climate change.

Peter Anderson, chief executive of the Australian Chamber of Commerce and Industry (ACCI), says green tape is a significant issue for businesses, “The carbon tax is not good for business, but if we are going to have a carbon tax we should eliminate all of the other costly green energy schemes which have already added to Australia having uncompetitive energy costs and soaring electricity prices. We have trashed our historic competitive advantage over low cost energy and we are adding to that problem by maintaining green energy programs at a state government level at the same time as a federal carbon tax is being introduced.”