Carbon pricing and energy efficiency statement
Reference Number: AA-00231 Views: 141 Created: 09-11-2011 13:08 Last Updated: 11-11-2011 14:37 0 Rating/ Voters


ABSA recognises that it is not alone in lobbying for changes to improve the sustainability of buildings and that its actions occur within a much larger policy context. 

ABSA believes the primary policy issue to improve the sustainability of buildings is carbon pricing and even though the case for improving building sustainability exists with or without a carbon price, cost as a driver of change is powerful, if for no other reason than it reduces the return on investment period for energy efficiency measures.

Accordingly, ABSA supports the Australian government in introducing a carbon price because it stimulates the economy to decarbonising its prosperity while supporting those least able to manage the transition.

ABSA also acknowledges that the carbon and climate change issues are polarising: for this reason it recommends greater focus on building sustainability for the other benefits it creates: improved productivity, lower operating and maintenance costs, higher quality of life, and reduced human health issues.

Ultimately, ABSA believes that building sustainability is a central component of any carbon policy and what needs to be recognised is that improving building sustainability requires specialised skills and knowledge. Enhancing, promoting and using the professionals with these skills and knowledge will contribute to Australia’s national prosperity and well being, while reducing the risks from relying on an untrained sustainability workforce.

Poor energy use is a legacy of buildings designed and built within a different policy context: this has been exacerbated by the modern lifestyle which Australians enjoy and benefit from. Improving energy efficiency cannot be done through ‘picking winners’ (ie technology) or attempting to use a ‘one-size-fits-all’ strategy. Rather, improving energy use requires better measurement to identify specifically how energy is being used and benchmarks to define the magnitude of the problem.

To effectively and efficiently reduce energy use, a combination of skilled people using the right tools to provide tailored advice and recommendations is required. It needs to be supported by information outlining clear benefits and policies that reduce the return on investment period.

Key messages

  • "The case for improving building sustainability exists with or without a carbon price"
  • "Cost is a driver of change"
  • "A carbon price stimulates the economy toward decarbonising its wealth and prosperity"
  • "A carbon price reduces the return on investment period for energy efficiency improvements"
  • "The benefits of improved building sustainability include:
  • improved productivity
  • higher quality of life
  • reduced human health issues
  • Addressing the energy efficiency challenge requires
  • specialised skills and knowledge
  • better measurement
  • benchmarks
  • information outlining clear benefits
  • policies to reduce the return on investment period
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