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Author: Frank Jotzo Publisher: ISBN: Category : Languages : en Pages : 24
Book Description
This paper identifies principles for carbon pricing that could attract a broad based and durable societal consensus in Australia. It applies these principles to a phased carbon pricing architecture as put forward by Australia's Multi-Party Committee on Climate Change, namely a government determined (fixed) carbon price transitioning to emissions trading. Linking to international carbon markets decouples Australia's domestic carbon price from its national emissions target, allowing significant net national emissions reductions with manageable transitional impacts. A fixed price in the near term can end costly delays to carbon pricing while dealing with uncertainties about Australia's target and international markets. A strategy is outlined to manage international uncertainties and to accommodate the multiple goals of domestic constituencies, while achieving efficiency and effectiveness. First, ensure the medium term carbon price is high enough to for emissions to begin to trend down in the next few years, recognising that investment decisions are shaped by current expectations about future prices. Second, set the initial price at a level that gives confidence that short run impacts will be manageable, given other transitional assistance. Third, ensure that wider policy settings do not compromise incentives for reducing emissions, and make the scheme robust in the face of competing claims for carbon revenue and lobbying efforts. For Australian carbon pricing policy, these principles suggest the carbon price may need to rise rapidly over the course of the decade, to double or more compared to starting prices that are currently in the Australian discussion. Payments of carbon pricing revenue to industry may need to be limited to create more room for income tax cuts, possibly by means of an overall cap and accelerated phase-out of industry assistance. Forestry and agricultural offsets can be supported through the scheme, but at the cost of fiscal revenue.
Author: Frank Jotzo Publisher: ISBN: Category : Languages : en Pages : 24
Book Description
This paper identifies principles for carbon pricing that could attract a broad based and durable societal consensus in Australia. It applies these principles to a phased carbon pricing architecture as put forward by Australia's Multi-Party Committee on Climate Change, namely a government determined (fixed) carbon price transitioning to emissions trading. Linking to international carbon markets decouples Australia's domestic carbon price from its national emissions target, allowing significant net national emissions reductions with manageable transitional impacts. A fixed price in the near term can end costly delays to carbon pricing while dealing with uncertainties about Australia's target and international markets. A strategy is outlined to manage international uncertainties and to accommodate the multiple goals of domestic constituencies, while achieving efficiency and effectiveness. First, ensure the medium term carbon price is high enough to for emissions to begin to trend down in the next few years, recognising that investment decisions are shaped by current expectations about future prices. Second, set the initial price at a level that gives confidence that short run impacts will be manageable, given other transitional assistance. Third, ensure that wider policy settings do not compromise incentives for reducing emissions, and make the scheme robust in the face of competing claims for carbon revenue and lobbying efforts. For Australian carbon pricing policy, these principles suggest the carbon price may need to rise rapidly over the course of the decade, to double or more compared to starting prices that are currently in the Australian discussion. Payments of carbon pricing revenue to industry may need to be limited to create more room for income tax cuts, possibly by means of an overall cap and accelerated phase-out of industry assistance. Forestry and agricultural offsets can be supported through the scheme, but at the cost of fiscal revenue.
Author: Verity Burgmann Publisher: Melbourne Univ. Publishing ISBN: 0522861350 Category : Nature Languages : en Pages : 291
Book Description
Climate change is the hottest topic of the twenty-first century and the climate movement a significant global social movement. This book examines the broad context of Australian climate politics and the place of the climate movement within it. Acting ‘from above’ are the most powerful forces—corporations and governments, both Labor and Coalition—with the media framing the issues. Climate movement actors ‘in the middle’ include the Australian Greens, major environmental and climate organisations, think-tanks, academics, public intellectuals and the union movement. Acting ‘from below’ are the numerous local climate action groups and various regional and national networks. This lowest level is the primary location of the climate movement; and grassroots mobilisation the source of its vitality. To advocate a safe climate and climate justice, the book ends by offering a vision for an alternative Australia based upon the principles of social equity and environmental sustainability.
Author: Shaozhou Qi Publisher: World Scientific ISBN: 9811279179 Category : Business & Economics Languages : en Pages : 474
Book Description
This book integrates the theory and practice of carbon trading at home and abroad, focusing on major theoretical and practical issues of establishing an emissions trading scheme (ETS) in China during its transition to a low-carbon economy. First, a theoretical analysis of the relationship between the transformation of the low-carbon economy and ETS is presented. Second, policy design, institutional evolution, market operation and practical effects of the major global ETSs are systematically compared. Third, the theoretical basis, key points, modelling methods, computational simulation, policy options and operational steps for key institutional and designing of policy elements in China's ETS are analyzed individually. Finally, policy recommendations for the top-level design of China's ETS are proposed.
Author: Alexandra Wawryk Publisher: Kluwer Law International B.V. ISBN: 9041196307 Category : Law Languages : en Pages : 306
Book Description
Derived from the renowned multi-volume International Encyclopaedia of Laws, this book provides a systematic approach to legislation and legal practice concerning energy resources and production in Australia. The book describes the administrative organization, regulatory framework, and relevant case law pertaining to the development, application, and use of such forms of energy as electricity, gas, petroleum, and coal, with attention as needed to the pervasive legal effects of competition law, environmental law, and tax law. A general introduction covers the geography of energy resources, sources and basic principles of energy law, and the relevant governmental institutions. Then follows a detailed description of specific legislation and regulation affecting such factors as documentation, undertakings, facilities, storage, pricing, procurement and sales, transportation, transmission, distribution, and supply of each form of energy. Case law, intergovernmental cooperation agreements, and interactions with environmental, tax, and competition law are explained. Its succinct yet scholarly nature, as well as the practical quality of the information it provides, make this book a valuable resource for energy sector policymakers and energy firm counsel handling cases affecting Australia. It will also be welcomed by researchers and academics for its contribution to the study of a complex field that today stands at the foreground of comparative law.
Author: Michèle Knodt Publisher: Springer Nature ISBN: 3030432505 Category : Political Science Languages : en Pages : 1333
Book Description
This Handbook provides the most comprehensive account of energy governance in Europe, examining both energy governance at the European level and the development of energy policy in 30 European countries. Authored by leading scholars, the first part of the book offers a broad overview of the topics of energy research, including theories of energy transitions, strategies and norms of energy policy, governance instruments in the field, and challenges of energy governance. In the second part, it examines the internal and external dimensions of energy governance in the European Union. The third part presents in-depth country studies, which investigate national trajectories of energy policy, including an analysis of the policy instruments and coordination mechanisms for energy transitions. It closes with a comparative analysis of national energy governance. This book is a definitive resource for scholars in energy and climate research as well as decision makers in national governments and EU institutions.
Author: OECD Publisher: OECD Publishing ISBN: 9264092269 Category : Languages : en Pages : 165
Book Description
The 2010 edition of OECD's periodic survey of Australia's economy. This edition includes chapters covering recovery from the crisis, fiscal policy effectiveness, meeting infrastructure needs, and enhancing labour utilisation.
Author: Priyadarsini Rajagopalan Publisher: Springer ISBN: 9811078807 Category : Architecture Languages : en Pages : 221
Book Description
This book examines energy efficiency in the Australian built environment and presents current developments with a particular focus on the temperate setting of Victoria state. It is divided into four main parts discussing policies, climate, and carbon footprint and presenting case studies on the energy performance and indoor environmental quality of various building types. The book is intended for readers wanting to understand the various policies related to different buildings types and their energy performance.
Author: Frank Jotzo
Author: Frank Jotzo
Author: 
Author: Tony Wood
Author: Verity Burgmann
Author: Shaozhou Qi
Author: Mark Jaccard
Author: Alexandra Wawryk
Author: Michèle Knodt
Author: OECD
Author: Priyadarsini Rajagopalan