The construction industry in Australia has been working to reduce its carbon emissions for years.
But now, with the cost of carbon having risen, some are calling for an overhaul.
The government has released a national framework for building to help the industry get back on track.
“It’s an important step forward,” said Stephen Beddington, the CEO of the Building and Construction Industry Association.
Beddington is also the former head of the Australian Council of Trade Unions.
He says the framework will allow builders to reduce their emissions by 10 per cent on average by 2030 and then the industry can ramp up by a further 15 per cent.
But he warns there’s a catch: it’s not going to happen overnight.
He says there are “a lot of unanswered questions” about the framework, including whether it’s even feasible to implement.
With building materials like concrete and steel already more expensive than they’ve ever been, there are still costs to be borne by consumers.
In the meantime, Beddington says the industry needs to get its house in order.
If the framework is implemented, he says, builders will be able to get up to $4 billion back into the construction sector every year, an amount he says will be “huge”.
“This will be the biggest amount of money we’ve ever got in building,” he said.
We’ve got a massive cost to be absorbed and a massive increase in demand for new building,” Beddings said.”
But what is the next step?
If the Government wants to fund a $4-billion increase, what should that amount be for construction?
“He also said the framework would have to be implemented by the end of this year, and he believes it won’t be enough to save the industry.
Topics:environment,climate-change,environmental-impact,environment,environment-management,environmentally-friendly-business-practices,housing,environmentaustraliaFirst posted September 03, 2019 13:28:48Contact Sarah O’ConnorMore stories from New South Wales