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Australia's Carbon Pricing Strategies in a Global Context

Australia's Carbon Pricing Strategies in a Global Context PDF Author: Robert Waschik
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
The sectoral impacts of Australia's carbon pricing policies are analyzed in a setting where Australia acts unilaterally to address its carbon emissions and where there is no global market for traded carbon permits. While theory and interest group advocacy suggest a case for compensating Australian producers whose outputs become less competitive because Australia unilaterally prices carbon, this case is sometimes exaggerated. For example, in the ferrous metals sector, analysis suggests that gains from such refinements are low since carbon leakages and adverse competitiveness effects are small. In other sectors - such as non-ferrous metals - the effects are more pronounced. Exaggerating the competitiveness costs of carbon pricing risks policy overreaction and unintended protectionism, thereby reducing the net benefits from Australian carbon pricing.

Australia's Carbon Pricing Strategies in a Global Context

Australia's Carbon Pricing Strategies in a Global Context PDF Author: Robert Waschik
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
The sectoral impacts of Australia's carbon pricing policies are analyzed in a setting where Australia acts unilaterally to address its carbon emissions and where there is no global market for traded carbon permits. While theory and interest group advocacy suggest a case for compensating Australian producers whose outputs become less competitive because Australia unilaterally prices carbon, this case is sometimes exaggerated. For example, in the ferrous metals sector, analysis suggests that gains from such refinements are low since carbon leakages and adverse competitiveness effects are small. In other sectors - such as non-ferrous metals - the effects are more pronounced. Exaggerating the competitiveness costs of carbon pricing risks policy overreaction and unintended protectionism, thereby reducing the net benefits from Australian carbon pricing.

Pricing Carbon in Australia

Pricing Carbon in Australia PDF Author: Rebecca Pearse
Publisher: Routledge
ISBN: 1315363437
Category : Business & Economics
Languages : en
Pages : 292

Book Description
In the mid-2000s it seemed that the global carbon market would take off and spark the worldwide transition to a profitable low carbon economy. A decade on, the experiment in carbon trading is failing. Carbon market schemes have been plagued by problems and resistance to carbon pricing has come from the political Left and Right. In the Australian case, a national emissions trading scheme (ETS) was dismantled after a long, bitter public debate. The replacement ‘Direct Action Plan’ is also in disrepute. Pricing Carbon in Australia examines the rise and fall of the ETS in Australia between 2007 and 2015, exploring the underlying contradictions of marketised climate policy in detail. Through this and other international examples, the book offers a critique of the political economy of marketised climate policy, exploring why the hopes for global carbon trading have been dashed. The Australian case is interpreted in light of a broader legitimation crisis as state strategies for (temporarily) displacing the climate crisis continue to fail. Importantly, in the wake of carbon market failure, alternative agendas for state action are emerging as campaigns for the retrenchment of fossil fuel assets and for just renewable energy transition continue transforming climate politics and policy as we know it. This book is a valuable resource for practitioners and academics in the fields of environmental policy and politics and social movement studies.

Australian Climate Law in Global Context

Australian Climate Law in Global Context PDF Author: Alexander Zahar
Publisher: Cambridge University Press
ISBN: 1107310466
Category : Law
Languages : en
Pages : 489

Book Description
Australian Climate Law in Global Context is a comprehensive guide to current climate change law in Australia and internationally. It includes discussion of: emission trading schemes and carbon pricing laws, laws on renewable energy, biosequestration, carbon capture and storage and energy efficiency; the trading of emission offsets between developed and developing countries, the new international scheme for the protection of forests (REDD) and the transfer of green finance and technology from developed to developing states, the adaptation to climate change through legal frameworks. It assesses the international climate change regime from a legal perspective, focusing on Australia's unique circumstances and its domestic implementation of climate-related treaties. It considers how the challenge of climate change should be integrated into broader environmental law and management. It is a valuable resource for students in law and environmental science, for current and future legal practitioners and for policy-makers and those in the commercial sector.

Australian Climate Policy and Diplomacy

Australian Climate Policy and Diplomacy PDF Author: Ben L. Parr
Publisher: Routledge
ISBN: 0429835965
Category : Business & Economics
Languages : en
Pages : 193

Book Description
Australian Climate Policy and Diplomacy provides a well overdue critique of existing, and high-profile, publications that convey the ‘greenhouse mafia’ hypothesis, which posits that Australia’s weak policy response to climate change is the result of a menacing domestic fossil fuel lobby. Ben L. Parr argues that the shared government–industry discourse about protecting Australia’s industrial competitiveness has had a more decisive influence in shaping and legitimising Australian climate policy than the direct lobbying tactics of the fossil fuel industry. Parr also reveals how the divergent foreign policy discourses and traditions of Australia’s two major political parties – as internationalist versus alliance-focused – have enabled and constrained their climate diplomacy and domestic policies over time. To demonstrate his argument, he presents a discourse analysis woven into a chronological policy narrative, comprising more than 1000 primary texts (media releases, interviews, and speeches) generated by prime ministers and key fossil fuel lobbyists. Overall, this volume illustrates how domestic forces have and are influencing Australia’s climate policy. In doing so, it also provides a framework that can be adapted to examine climate mitigation policies in other countries, notably Canada and the US. This book will be of interest to students and scholars of climate change, environmental policy and governance, and Australian climate change policy and politics more specifically, as well as policymakers and practitioners working in these fields.

Climate Change, Forests and Federalism

Climate Change, Forests and Federalism PDF Author: Evgeny Guglyuvatyy
Publisher: Springer Nature
ISBN: 9811907420
Category : Law
Languages : en
Pages : 96

Book Description
Climate change is one of the most serious global challenges facing humankind. Climate change has enormous environmental and economic implications, and finding a solution is a daunting task. The purpose of this book is to look at the global problem of climate change through the prism of an individual country's attempt to tackle this problem. This book begins with a discussion of the origins of climate change and the evolution of the international response to climate change. Key climate change mitigation actions and policies are considered to provide the necessary framework for analysing Australia's approach to climate change. Australia's climate change policy development is considered from a historical perspective. The book traces the evolution of the response to climate change, focusing on Australia as one of the Federal countries unable to adequately reduce greenhouse gas emissions due to the systematic failure of the Australian government to develop a common and effective approach to the problem of climate change. The book will be of interest to scholars and students of environmental law and the contemporary International and Australian climate change law.

Lessons for Canada

Lessons for Canada PDF Author: Tony Beck
Publisher:
ISBN:
Category : Carbon dioxide mitigation
Languages : en
Pages : 8

Book Description


Australian Climate Law in Global Context

Australian Climate Law in Global Context PDF Author: Alexander Zahar
Publisher: Cambridge University Press
ISBN: 0521142105
Category : Law
Languages : en
Pages : 489

Book Description
Provides a comprehensive guide to climate change law in Australia and internationally, focusing on Australia's implementation of climate-related treaties.

Carbon Pricing that Builds Consensus and Reduces Australia's Emissions

Carbon Pricing that Builds Consensus and Reduces Australia's Emissions PDF 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.

Global Carbon Pricing

Global Carbon Pricing PDF Author: Peter Cramton
Publisher: MIT Press
ISBN: 0262340399
Category : Business & Economics
Languages : en
Pages : 270

Book Description
Why the traditional “pledge and review” climate agreements have failed, and how carbon pricing, based on trust and reciprocity, could succeed. After twenty-five years of failure, climate negotiations continue to use a “pledge and review” approach: countries pledge (almost anything), subject to (unenforced) review. This approach ignores everything we know about human cooperation. In this book, leading economists describe an alternate model for climate agreements, drawing on the work of the late Nobel laureate Elinor Ostrom and others. They show that a “common commitment” scheme is more effective than an “individual commitment” scheme; the latter depends on altruism while the former involves reciprocity (“we will if you will”). The contributors propose that global carbon pricing is the best candidate for a reciprocal common commitment in climate negotiations. Each country would commit to placing charges on carbon emissions sufficient to match an agreed global price formula. The contributors show that carbon pricing would facilitate negotiations and enforcement, improve efficiency and flexibility, and make other climate policies more effective. Additionally, they analyze the failings of the 2015 Paris climate conference. Contributors Richard N. Cooper, Peter Cramton, Ottmar Edenhofer, Christian Gollier, Éloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph E. Stiglitz, Steven Stoft, Jean Tirole, Martin L. Weitzman

Energy in Australia

Energy in Australia PDF Author: Graham Palmer
Publisher: Springer Science & Business Media
ISBN: 3319029401
Category : Technology & Engineering
Languages : en
Pages : 100

Book Description
With rapidly declining costs and seemingly unlimited sunshine, the choice of solar in Australia seems obvious. Yet despite its many advantages, homes with solar remain completely dependent on the electricity grid for reliable supply, which in Australia implies mostly coal-fired generation. Indeed, even countries that have invested heavily in solar, such as Spain and Germany, have been unable to deflect the trajectory of fossil fuel dependence. The reasons for this apparent paradox are varied, and this book provides a deeper and more nuanced understanding of the practical applications of photovoltaics (PV) in modern electricity systems. While the conventional life-cycle assessment (LCA) boundaries as prescribed by the IEA-PVPS provide a consistent methodology for comparing evolving PV technologies, the narrow boundaries exclude many critical downstream energy costs. Similarly, simple cost comparisons of PV versus conventional power sources overlook the significant economic and energy costs of intermittency and grid integration. Yet distributed storage, which could provide potentially valuable network support, is frequently given a low priority by advocates of solar. Treating PV as an extension of, rather than as a substitute for, the fossil fuel enterprise enables a more productive discussion of PV’s potential role in electricity generation. The sunburnt country of Australia, which has a modern electricity system, is an ideal case study for exploring the potential of solar PV. With a focus on rooftop solar, energy storage, grid integration, and electricity system issues, Energy in Australia offers valuable insights into the practical challenges of solar power. Although many national economies are already confronting a downward trend in energy return on investment (EROI) of oil and gas from both conventional and unconventional sources, the large-scale deployment of low-emission energy sources that lie below a critical minimum EROI threshold may ultimately prove counter-productive.