The Australian Business & Climate Group comprises nine major organisations that have come together during 2007 to look at how Australia can accelerate the development and deployment of low emission technologies.

The participating organisations are Anglo Coal, BP Australia, Deloitte, Mirvac, Rio Tinto, Santos, Swiss Re, VicSuper and Westpac.

The Australian Business & Climate Group released a report in August 2007 entitled Stepping Up: Accelerating the Deployment of Low Emission Technology in Australia.The report calls for the urgent development of a National Low Emission Technology Strategy to complement an Australian emissions trading scheme, in order to reduce Australia’s greenhouse gas emissions.

The group is seeking to stimulate debate in Australia between government, industry and the community to determine appropriate policies and measures to trigger a transformation of the energy market towards low emission technologies, while leveraging national comparative advantage.