Business in the dark on carbon trading: survey

Posted Tue Sep 11, 2007 7:29am AEST
Updated Tue Sep 11, 2007 7:46am AEST

A study says most Australian businesses have little or no understanding of emissions trading schemes. (File photo) (Reuters: Ilya Naymushin)

A new report shows 40 per cent of Australian companies have no understanding of emissions trading schemes.

The survey, by the Australian Industry Group in conjunction with Sustainability Victoria, covers more than 800 manufacturers and commercial constructors.

It found 14 per cent of companies understood emission trading schemes, nearly half had a poor understanding, and 40 per cent had no understanding.

Sixty-nine per cent of the firms surveyed were undecided on their support for an emissions trading scheme in Australia.