Download or read book Pricing Carbon in Australia written by Rebecca Pearse and published by Routledge. This book was released on 2017-11-08 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Carbon Pricing written by John Quiggin and published by Edward Elgar Publishing. This book was released on 2014-04-25 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Download or read book Effective Carbon Prices written by OECD and published by OECD Publishing. This book was released on 2013-11-04 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication synthesises a number of case studies of effective carbon prices in selected countries and sectors.
Download or read book Can We Price Carbon written by Barry G. Rabe and published by MIT Press. This book was released on 2018-04-06 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: A political science analysis of the feasibility and sustainability of carbon pricing, drawing from North American, European, and Asian case studies. Climate change, economists generally agree, is best addressed by putting a price on the carbon content of fossil fuels—by taxing carbon, by cap-and-trade systems, or other methods. But what about the politics of carbon pricing? Do political realities render carbon pricing impracticable? In this book, Barry Rabe offers the first major political science analysis of the feasibility and sustainability of carbon pricing, drawing upon a series of real-world attempts to price carbon over the last two decades in North America, Europe, and Asia. Rabe asks whether these policies have proven politically viable and, if adopted, whether they survive political shifts and managerial challenges over time. The entire policy life cycle is examined, from adoption through advanced implementation, on a range of pricing policies including not only carbon taxes and cap-and-trade but also such alternative methods as taxing fossil fuel extraction. These case studies, Rabe argues, show that despite the considerable political difficulties, carbon pricing can be both feasible and durable.
Download or read book Australia Points of View written by and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Effective Carbon Rates 2018 written by OECD and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: - Foreword - Executive Summary - Introduction - Carbon pricing trends - Reasons to be cheerful - Carbon pricing in 2015 - Detailed analysis - Description of emissions trading systems and results
Download or read book Global Carbon Pricing written by Peter Cramton and published by MIT Press. This book was released on 2017-06-16 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Download or read book Carbon Pricing Options for a Post Kyoto Response to Climate Change in Australia written by Wayne Stephen Gumley and published by . This book was released on 2013 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper critically analyses the policy options for establishing a carbon price in Australia in the post-Kyoto context in the light of the Henry Review and other developments. The paper considers some of the key literature in support of market based instruments including a critical analysis of the relative merits of carbon taxes and emissions trading. The pre-Abbott Government history of regulatory responses to climate change in Australia is reviewed, including the Carbon Pollution Reduction Scheme ('CPRS'). A range of 'barriers to change' within the Australian taxation system likely to undermine the operation of carbon pricing options is identified. The paper concludes that the removal of barriers to change is a vital part of any attempts to introduce a carbon price, and that tax expenditure reform should be a key element of all market based responses.
Download or read book Superpower written by Ross Garnaut and published by Black Inc.. This book was released on 2019-11-06 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Australian Carbon Pricing Experience written by Justin Dabner and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2010 the Japanese Government made substantial commitments to the reduction in greenhouse gas emissions. In particular it proposed a 25% reduction on 1990 levels by 2020 and an 80% reduction by 2050. At the forefront of this policy was to be an additional (carbon) tax on fossil fuels, strategies to promote renewable energy (in particular a feed-in tariff) and an emissions trading scheme. Notoriously there was to be greater reliance on nuclear energy. Subsequent events conspired to derail these plans. The Fukushima power station disaster forced the Government to reconsider nuclear power. Continued global economic uncertainty, together with the damage to the economy caused by the March 2011 tsunami, resulted in the deferral of the introduction of the emissions trading scheme. Meanwhile on July 1, 2012 the Australian Government introduced a hybrid carbon tax/emissions trading scheme putting it at the cutting edge of climate change response using fiscal measures. However the path to the introduction of this regime was not easy and its future is not assured. Whilst Australia had been active in negotiating the 1997 Kyoto Protocol, and an early signatory, during the subsequent decade the Liberal coalition Government refused to embrace a price on carbon, the centerpiece of the Protocol, even questioning the science on climate change. With the election of a Labor Government in 2007 the Kyoto Protocol was promptly ratified and an emissions trading scheme proposed. However the proposal met neither the expectations of environmentalists nor industry and in 2010 it was shelved upon failing to pass through Parliament for a third time. Although it seemed that the impetus had been lost, with the toppling of a Prime Minister later that year and a Federal election resulting in Labor forming a coalition with the Greens, momentum again swung in favour of an emissions trading scheme. Meanwhile the Liberal coalition Opposition remains divided as to the approach it would adopt if it wins government in the elections scheduled for late 2013. Having dismissed one party leader for promoting an emissions trading scheme, the current policy of the party is that it would repeal the Government's scheme and focus on emissions reduction strategies requiring other than a fiscal response. There may be political economy lessons for the rest of the world, including Japan, in how the carbon tax / emissions trading scheme was designed and implemented in Australia. This paper explores the developments in Australia. It is hoped that Japanese policy analysts might find the Australian experience informative.
Download or read book The Poverty and Distributional Impacts of Carbon Pricing Channels and Policy Implications written by Baoping Shang and published by International Monetary Fund. This book was released on 2021-06-25 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the poverty and distributional impacts of carbon pricing reforms is critical for the success of ambitious actions in the fight against climate change. This paper uses a simple framework to systematically review the channels through which carbon pricing can potentially affect poverty and inequality. It finds that the channels differ in important ways along several dimensions. The paper also identifies several key gaps in the current literature and discusses some considerations on how policy designs could take into account the attributes of the channels in mitigating the impacts of carbon pricing reforms on households.
Download or read book State and Trends of Carbon Pricing 2014 written by World Bank World Bank and published by World Bank Publications. This book was released on 2014-05-28 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report is a one stop shop for learning about key developments and prospects of existing and emerging carbon initiatives. A challenging international carbon market has not stopped the development of domestic carbon pricing initiatives. Today, about 40 national and over 20 sub-national jurisdictions responsible for almost one fourth of global greenhouse gas emissions are putting a price on carbon. Together, these initiatives cover the equivalent of almost 6 gigatons of carbon dioxide, or about 12% of global emissions.
Download or read book Battlelines written by Abbott, Tony and published by Melbourne Univ. Publishing. This book was released on 2009-12-17 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book How Much Carbon Pricing is in Countries Own Interests The Critical Role of Co Benefits written by Ian W.H. Parry and published by International Monetary Fund. This book was released on 2014-09-17 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in their own national interests due to domestic co-benefits (leaving aside the global climate benefits). On average, nationally efficient prices are substantial, $57.5 per ton of CO2 (for year 2010), reflecting primarily health co-benefits from reduced air pollution at coal plants and, in some cases, reductions in automobile externalities (net of fuel taxes/subsidies). Pricing co-benefits reduces CO2 emissions from the top twenty emitters by 13.5 percent (a 10.8 percent reduction in global emissions). However, co-benefits vary dramatically across countries (e.g., with population exposure to pollution) and differentiated pricing of CO2 emissions therefore yields higher net benefits (by 23 percent) than uniform pricing. Importantly, the efficiency case for pricing carbon’s co-benefits hinges critically on (i) weak prospects for internalizing other externalities through other pricing instruments and (ii) productive use of carbon pricing revenues.
Download or read book Pricing Carbon written by A. Denny Ellerman and published by . This book was released on 2014-05-14 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first detailed description and analysis of the European Union Emissions Trading Scheme.
Download or read book The Garnaut Review 2011 written by Ross Garnaut and published by Cambridge University Press. This book was released on 2011-06-30 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this update to the 2008 Garnaut Climate Change Review, Ross Garnaut re-examines the case for action in the aftermath of the global financial crisis and recent developments by major countries to reduce emissions and prepare for a low-carbon future. He guides the reader through the climate change debate, and explains why Australia's contribution is vital to the national interest and matters to the global effort. He outlines a set of policies through which Australia can contribute its fair share without damaging Australian prosperity. The Garnaut Review 2011: Australia in the Global Response to Climate Change extends the analysis to contemporary economic, political and environmental conditions in a way that is clear and easy to understand. It is an essential resource for all who care about the future of our economy and environment.
Download or read book Overpowering written by and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.
