Almost 300 businesses including Westpac, AGL, Unilever and GE have signed a joint statement backing a price on carbon.
The $23 per tonne price on carbon emissions started on Sunday, impacting directly on 294 electricity generators and other companies.
The federal government is aiming to cut carbon emissions by five per cent by 2020, with the carbon tax shifting to an emissions trading scheme in 2015.
The Businesses for Clean Energy consortium members say a carbon price will underpin the move to a clean economy.
Consortium spokesman Nathan Fabian told AAP there was strong support in the business community for carbon pricing, but the coalition’s commitment to abolish it was creating uncertainty.
“Businesses have accepted there will have to be some sort of price constraint on carbon,” Mr Fabian said.
“It’s true there is uncertainty and that does make the job more difficult and makes the next couple of years a challenging time to do business.
“We hope they will reconsider this issue. We think it’s important to the competitiveness and business opportunities available for the Australian economy and Australian companies.”
Mr Fabian said there was some confusion about who would pay the carbon tax and what the price effects would be, but that would wane.
“Over the next few months people will be less confused about that,” he said.
“Businesses that are participating in this group are taking steps to communicate with their customers about why a low-carbon economy and policies that support that is good for Australia and good for them.”
Mr Fabian, the chief executive of the Investors Group on Climate Change which represents investment houses and superannuation funds with around $700 billion of assets, said there was a clear global trend towards carbon pricing.
“It will be a patchy few years while countries and states introduce their schemes … but there are 50 national and sub-national schemes around the world and we see that is a continuing trend.
“Australia has got the timing about right.”
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