Author:
Publisher:
ISBN:
Category : Carbon offsetting
Languages : en
Pages : 49

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Author: Frank Jotzo
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

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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: John Quiggin
Publisher: Edward Elgar Publishing
ISBN: 1782547746
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
In 2012, Australia took the major step of introducing a carbon price, involving the creation of a system of emissions permits initially issued at a fixed price. Carbon Pricing brings together experts instrumental in the development, and operation, of A

Author: Rebecca Pearse
Publisher: Routledge
ISBN: 1315363437
Category : Business & Economics
Languages : en
Pages : 292

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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.

Author: Evgeny Guglyuvatyy
Publisher: Springer Nature
ISBN: 9811907420
Category : Law
Languages : en
Pages : 96

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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.

Author:
Publisher:
ISBN:
Category : Carbon taxes
Languages : en
Pages :

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Book Description
"The Australian Government’s recently announced carbon pricing scheme – based on a cap and trade system - has divided the main political parties and the community. The looming federal election (scheduled for 7 September 2013) will again be largely fought over which party has the best policy for meeting Australia’s 2020 greenhouse gas reduction target (which has bipartisan political support for 5% reductions below 2000 levels). Much of the policy debate in Australia has supported a cap and trade scheme – seen as necessary (and some believe sufficient) to achieve Australia’s emission reductions target. The debate needs to consider the likely effectiveness of the Australian Government’s carbon pricing scheme in terms of its contribution towards reducing greenhouse gas emissions given current policy and market settings. This paper examines this issue, particularly in light of changed market and policy conditions."--Abstract.

Author: Ross Garnaut
Publisher: Black Inc.
ISBN: 1743821174
Category : Political Science
Languages : en
Pages : 211

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Book Description
The fog of Australian politics on climate change has obscured a fateful reality: Australia has the potential to be an economic superpower of the future post-carbon world. We have unparalleled renewable energy resources. We also have the necessary scientific skills. Australia could be the natural home for an increasing proportion of global industry. But how do we make this happen? In this crisp, compelling book, Australia’s leading thinker about climate and energy policy offers a road map for progress, covering energy, transport, agriculture, the international scene and more. Rich in ideas and practical optimism, Superpower is a crucial, timely contribution to this country’s future.

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

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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

Author: Ben L. Parr
Publisher: Routledge
ISBN: 0429835965
Category : Business & Economics
Languages : en
Pages : 193

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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.

Author: Abbott, Tony
Publisher: Melbourne Univ. Publishing
ISBN: 0522859534
Category : Political Science
Languages : en
Pages : 226

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Book Description
Liberal Party leader and parliamentary pugilist Tony Abbott offers a frank analysis of the way forward for the Liberal Party. Here he draws lessons from the dying days of the Howard Government, and gives his views on his contemporaries, including Kevin Rudd, Peter Costello, Julia Gillard and Malcolm Turnbull. In Battlelines, Abbott looks at the values and instincts that drive the Liberal Party and proposes policy that the party should adopt. This is the often humorous story of his own political development. He describes the truth about politicians' lives; his 'days from hell'; insider moments from the halls of power; and how a would-be priest believed he had fathered an unknown son. Battlelines outlines a state of play for the Liberal Party, cementing Tony Abbott's reputation as one of the Liberal Party's most interesting thinkers and fearless advocates.