The Australian Business Roundtable on Climate Change released a report, The Business Case For Early Action, which showed that significant reductions in greenhouse gas emissions can be achieved at an affordable cost to the Australian economy – an important step in getting business and government support. ACF led the development of the Roundtable in 2006 – which included CEOs from BP Australia, Insurance Australia Group, Origin Energy, Swiss Re, Visy Industries, Westpac and ACF. The Roundtable commissioned CSIRO and the Allen Consulting Group to determine climate impacts on Australia and model the economic effects of a 60% reduction in emissions by 2050 and supported the call to act, and act early, on the important issue of climate change. The Report highlighted the fact that many Australian industries, including two of the nation's largest export earners – agriculture and tourism – may be seriously impacted if action on climate change is delayed. Recommendations put forward by the Roundtable called for Australian Governments to work with business and the community to develop a policy framework that allows industry to respond effectively.