30 Second Survey - Climate Change

The Australian Government's Emissions Trading Scheme (ETS) is an issue that is affecting the Queensland business community now. However, the degree to which Climate Change and the ETS is impacting on business remains largely unknown.

To gain a better understanding of this important issue, CCIQ recently conducted a 30 second survey. The results are available below.

1. Do you think that there is enough information available to you to enable you to determine how climate change may affect your business and the best way for your business to respond to climate change?

Yes 18.4%
No 81.6%

2. Do you think that climate change (or measures introduced to minimise climate change) will have an impact on your business?

Yes 68.4%
No 8.7%
Not sure 22.8%

3. If you answered yes to Question 2, what do you think the overall impact on your business will be?

Positive – the benefits will generally outweigh any costs 17.4%
Negative – the costs will generally outweigh any benefits 82.6%

4. Are you developing strategies and plans to reduce the risks and/or to capitalise on opportunities that may arise for your business in the future as a result of climate change?

Yes 38.6%
No 61.4%

5. Have the risks associated with climate change (or climate change mitigation strategies) influenced your firm's investment decisions?

Yes 33.3%
No 66.7%

6. The Australian Treasury has estimated that electricity prices will increase by around 18 per cent in response to the introduction of the Carbon Pollution Reduction Scheme. What impact is this increase likely to have on your business?

Minimal impact – energy is not a major cost for my business 23.5%
Minimal impact – my business will be able to pass the cost through to customers 10.0%
Moderate impact – it will have a significant adverse impact on business profitability 23.0%
Major impact – my business will need to reduce its employment levels to offset the additional costs 10.3%
Major impact – my business will need to reduce its investment in order to offset the additional costs. 22.5%
Critical impact – the increase will threaten the viability of my business 10.3%

7. Do you regard the implementation of the Carbon Pollution Reduction Scheme as a new tax?

Yes 87.9%
No 12.1%

8. Should the Federal Government delay passage/implementation of the Carbon Pollution Reduction Scheme legislation until there is a global agreement reached at the Copenhagen Climate Change Summit December 2009?

Yes 84.5%
No 15.5%

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