Thursday, 26 September 2013 11:41

Councils must be able to trade in carbon credits

Media Release September 11, 2012

Local councils must be allowed to trade in carbon credits to offset the higher costs of managing waste landfills and other essential activities, the Western Sydney Regional Organisation of Councils said today.

 

WSROC President Alison McLaren said the State Government was unfairly penalising councils by banning them from participating in the carbon trading scheme.

“Council are already stretched beyond their financial capacity in delivering services because of the State Government imposed rate caps,” Ms McLaren said.

“Now they want councils to bear the cost of the carbon tax without having any recourse to the system which has been set up to allow them to offset these costs.”

She said the announcement by the State Government that carbon credits should be classed as derivatives – a financial product which the State Government had deemed too risky for councils to trade in following the GFC – was simply the NSW Liberal Government playing politics.

“This is a blatant piece of political point-scoring from the state Government to try and destabilise the Federal Government’s carbon pricing scheme,” she said.

“Unfortunately, the only ones who will suffer are the residents of NSW whose councils will not be able to afford to supply them with the essential services they need.

“WSROC has lobbied the Federal Government to ensure that local councils and their constituents are not unfairly penalised by providing critical services such as waste disposal and landfill management.

“Our councils are already involved in major initiatives to offset carbon pollution, such as Blacktown Council’s Regenesis project which involves planting trees to build up carbon credits to offset the additional costs of the carbon scheme.

"The State Government’s punitive political decision puts important programs like this at risk and will further stretch council resources to the limits.

“Sadly the only ones who will suffer from these petty political games are the residents of NSW,” Ms McLaren said.

 

 


Contact: Alison McLaren, WSROC President on 0410 441 842

Media Inquiries Karin Bishop, Deputy CEO on 0417 239 539

Western Sydney Regional Organisation of Councils (WSROC) Ltd

Suite 2 Level 1 (PO Box 63) Blacktown 2148

© 2011 WSROC Ltd

T 02 9671 4333; F 02 9621 7741

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Last modified on Thursday, 26 September 2013 13:44

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