ABSTRACT
What is the role of business in addressing the climate change issues in Australia? Australian governments have been struggling for ten years or more to come to grips with the issues and to put in place a transition to a low-carbon economy in the face of campaigns of fossil fuel interests’ ‘climate denial’. 2 , 3 , 4 It seems though, that latterly, business generally is taking things into its own hands and stepping up to the plate with its own strategies and initiatives; supported or even urged on by institutional investors and activist shareholders to reposition business for low-carbon, sustainable development in the long term. The public, for its part, appears to have more trust these days in the capacity of business to do things than it does in its governments. 5 Is the public justified in placing this trust in business and can business deliver when governments appear to have failed?
