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Author : Tony Beck
Publisher :
ISBN 13 :
Total Pages : 8 pages
Book Rating : 4.:/5 (827 download)
Download or read book Lessons for Canada written by Tony Beck and published by . This book was released on 2012 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Lessons for Canada written by and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this brief, Tony Beck, an expert on Australian carbon markets, looks at the rollout of Australia's carbon pricing scheme, and the impacts of implementation on national and subnational governments, and the private sector. [...] Responsibility for administering the Scheme rests with a new entity, the Clean Energy Regulator, which will deal with both the climate legislation and clean energy policy.4 The regulator is part of the federal Climate Change portfolio and administers the carbon pricing mechanism, the National Greenhouse and Energy Reporting Scheme (NGERS), the CFI and the Renewable Energy Target. [...] To provide advice to the government on the conduct of the Scheme, the government has established the Climate Change Authority, an independent body with expertise in science, economics, climate change mitigation, emissions trading, investment and business. [...] The Climate Change Authority will provide recommendations on emissions caps and trajectories and will undertake periodic reviews of the carbon pricing mechanism and the CFI (Department of Climate Change and Energy Efficiency, 2010). [...] Despite this comprehensive (some would argue excessive5) compensation to business, much of the focus of business and political opposition to the carbon price remains on its supposed impact on the competitiveness of the Australian economy (Hooke, 2012).
Author : Lisa Caripis
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Australia's Carbon Pricing Mechanism written by Lisa Caripis and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The commencement of the carbon pricing mechanism (CPM) on 1 July 2012 marks a significant milestone in Australia's legal and policy response to climate change. Negotiated as part of a suite of measures forming the Clean Energy Package, the CPM represents an important achievement for Australia, which has up until this point struggled to implement comprehensive national climate change policy. After an initial fixed price period, the CPM will transition to fully flexible cap-and-trade emissions trading scheme on 1 July 2015, bringing it into line with other jurisdictions around the world. This note outlines five key features of the CPM: (1) the institutions and governance arrangements; (2) the price containment measures; (3) the scope for inclusion of offset credits; (4) the possibility for linking with other emissions trading schemes; and (5) the compensation arrangements for emissions-intensive industries. The article comments on how these design features affect Australia's ability to contribute effectively to global emissions reduction efforts through the CPM.
Author :
Publisher :
ISBN 13 :
Total Pages : 17 pages
Book Rating : 4.:/5 (868 download)
Download or read book Implementing a Surrender Charge for International Units written by and published by . This book was released on 2011 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Rebecca Pearse
Publisher : Routledge
ISBN 13 : 1315363437
Total Pages : 292 pages
Book Rating : 4.3/5 (153 download)
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 292 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.
Author : Frank Jotzo
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Policy Uncertainty About Australia's Carbon Price written by Frank Jotzo and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Australia's carbon-pricing policy remains in doubt due to a lack of bipartisan political support. A survey of Australian-based carbon-pricing experts demonstrates profound policy uncertainty: 40 per cent of respondents expect the current carbon-pricing mechanism to be repealed, but 80 per cent expect that there will be a carbon price in 2020. The forward price curve is U-shaped and has great variance, with the 60 per cent confidence interval spanning from zero to A$25/t in 2020. Carbon policy uncertainty causes large excess costs in Australia's energy sector and may result in delay and diversion of investment.
Author : Murray R. Wilcox
Publisher : Thomson Reuters (Professional) Australia
ISBN 13 : 9780455230139
Total Pages : 282 pages
Book Rating : 4.2/5 (31 download)
Download or read book Australian Emissions Trading Law written by Murray R. Wilcox and published by Thomson Reuters (Professional) Australia. This book was released on 2012 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Australia's carbon pricing mechanism commences on 1 July 2012, increasing the pressure on businesses and their advisors to plan responses to climate change challenges and opportunities. Australian Emissions Trading Law is a practical and timely introduction to the legislation that creates and governs the carbon pricing mechanism, helping corporations and their advisors understand the shape, structure and operation of the scheme and to assess the opportunities and risks it poses. Authored by former Federal Court judge, Murray Wilcox AO QC, and Michael Rennie of the NSW Bar.
Author : John Quiggin
Publisher : Edward Elgar Publishing
ISBN 13 : 1782547746
Total Pages : 209 pages
Book Rating : 4.7/5 (825 download)
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 Carbon Pricing Mechanism [Blog Post] PDF Online Free](https://books.google.com/books/content/images/frontcover/ArRDzQEACAAJ?fife=w200-h370)
Author : Anita Talberg
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (11 download)
Download or read book Carbon Pricing Mechanism [Blog Post] written by Anita Talberg and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the coming days and weeks, the [Australian] Parliamentary Library will be publishing FlagPosts on specific issues relating to the Government's proposed carbon pricing scheme. Useful information and background on climate change can also be obtained from the Parliamentary Library's climate change website http://www.aph.gov.au/library/pubs/ClimateChange/index.htm. Stay tuned ...
Author : Vanessa Johnston
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (13 download)
Download or read book Sowing the Seed of Change written by Vanessa Johnston and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2014, the Australian Government amended the Carbon Credits (Carbon Farming Initiative) Act 2011 (Cth) to establish an 'Emissions Reduction Fund,' ('ERF') which the Government will use to purchase 'carbon credits' from greenhouse gas ('GHG') emitters who have voluntarily agreed to carry out eligible GHG emissions mitigation projects. The Government expects that the ERF will help Australia to achieve its prescribed GHG emissions mitigation target. While the ERF may encourage mitigation of GHG emissions generally, it is unlikely to lead to substantial mitigation of GHG emissions from agricultural or forestry activities, or encourage sustainable land use practices in Australia: the ERF is a win-win for GHG emitters in this sector. In order to achieve both of these objectives in the land sector, the paper argues that the direct financial assistance provided by the ERF must be complemented by a carbon pricing mechanism, such as a carbon tax. This issue is explored by asking two key questions. First, why is the ERF unlikely to lead to any substantial mitigation of GHG emissions in the land sector, or support sustainable land use practices in Australia? Second, how can linking the ERF to a carbon tax, improve the likelihood of achieving tangible mitigation of GHG emissions and sustainable land use practices in Australia's land sector?
Author : Marianna O'Gorman
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Impact of the Carbon Price on Australia's Electricity Demand, Supply and Emissions written by Marianna O'Gorman and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Australia's carbon price has been in operation for two years. The electricity sector accounts for the majority of emissions covered under the scheme. This paper examines the impact of the carbon price on the electricity sector between 1 July 2012 and 30 June 2014, focusing on the National Electricity Market (NEM). Over this period, electricity demand in the NEM declined by 3.8 per cent, the emissions intensity of electricity supply by 4.6 per cent, and overall emissions by 8.2 per cent, compared to the two-year period before the carbon price. We detail observable changes in power demand and supply mix, and estimate the quantitative effect of the effect of the carbon price. We estimate that the carbon price led to an average 10 per cent increase in nominal retail household electricity prices, an average 15 per cent increase in industrial electricity prices and a 59 per cent increase in wholesale (spot) electricity prices. It is likely that in response, households, businesses and the industrial sector reduced their electricity use. We estimate the demand reduction attributable to the carbon price at 2.5 to 4.2 TWh per year, about 1.3 to 2.3 per cent of total electricity demand in the NEM. The carbon price markedly changed relative costs between different types of power plants. Emissions-intensive brown coal and black coal generators reduced output and 4GW of emissions-intensive generation capacity was taken offline. We estimate that these shifts in the supply mix resulted in a 16 to 28kg CO2/MWh reduction in the emissions intensity of power supply in the NEM, a reduction between 1.8 and 3.3 per cent. The combined impact attributable to the carbon price is estimated as a reduction of between 5 and 8 million tonnes of CO2emissions (3.2 to 5 per cent) in 2012/13 and between 6 and 9 million tonnes (3.5 to 5.6 per cent) in 2013/14, and between 11 and 17 million tonnes cumulatively. There are fundamental difficulties in attributing observed changes in demand and supply to specific causes, especially over the short term, and in this light we use conservative parameters in the estimation of the effect of the carbon price. We conclude that the carbon price has worked as expected in terms of its short-term impacts. However, its effect on investment in power generation assets has probably been limited, because of policy uncertainty about the continuation of the carbon pricing mechanism. For emissions pricing to have its full effect, a stable, long-term policy framework is needed.
Author : Ben L. Parr
Publisher : Routledge
ISBN 13 : 0429835965
Total Pages : 193 pages
Book Rating : 4.4/5 (298 download)
Download or read book Australian Climate Policy and Diplomacy written by Ben L. Parr and published by Routledge. This book was released on 2019-12-11 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Elena Aydos
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book What Went Wrong? Lessons from a Short-Lived Carbon Price in Australia written by Elena Aydos and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the world is steadily moving towards pricing carbon, Australia became the first country to discard a mandatory carbon pricing scheme. The Carbon Pricing Mechanism (CPM) commenced on 1 July 2012 and operated until 1 July 2014. The short-lived CPM displayed innovative features and had the potential to achieve its environmental goals without serious harm to the economy. This chapter describes the CPM legal framework, highlighting the transitional phase known as 'fixed charge years' and the implementation of safety valves aimed at ensuring the stability of the carbon price following auction. Further, it discusses the political process leading to the implementation and ultimately the abolishment of the CPM. It concludes that the repeal of the CPM is not justifiable by design or implementation issues. The successes and failures of the scheme provide relevant lessons to countries discussing or planning to implement a carbon price in the near future.
Author : Robert Waschik
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Australia's Carbon Pricing Strategies in a Global Context written by Robert Waschik and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author : Frank Jotzo
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book The CCEP Australia Carbon Pricing Survey 2012 written by Frank Jotzo and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The inaugural Australia Carbon Pricing Survey elicits expectations about the future of carbon pricing from experts working for Australia's largest greenhouse gas emitting companies, the carbon finance and investment industry and selected other experts. The survey indicates pervasive uncertainty about the future of Australia's carbon pricing scheme, but also a strong expectation that carbon pricing will be a feature of Australia's economic policy framework in the medium to long term. 79% of respondents expect that there will be a carbon price in Australia in 2020. But 40% expect that the current scheme will be repealed by the end of 2016. Of those who expect repeal, almost half think that a carbon price will be re-instated by 2020. Factoring in expectations of a possible zero carbon price, the average expected effective Australian carbon price falls from its initial level of $23 per tonne of carbon dioxide equivalent to $10 to $11 per tonne during 2016-18, before climbing to $22 per tonne in 2025. Assessments vary greatly between respondents, illustrating the extent of policy uncertainty. Nevertheless, 69% of respondents from large carbon emitters indicate that their companies have cut emissions in anticipation of a carbon price, and 84% expect their company to do so over the next three years - not withstanding significant uncertainty about whether the carbon price may be repealed. The survey also covers expectations about future prices in the EU emissions trading scheme and credits under the Clean Development Mechanism, the Australian price floor and linking with the EU scheme, and the future of Australia's national emissions target.
Author : Evgeny Guglyuvatyy
Publisher : Springer Nature
ISBN 13 : 9811907420
Total Pages : 96 pages
Book Rating : 4.8/5 (119 download)
Download or read book Climate Change, Forests and Federalism written by Evgeny Guglyuvatyy and published by Springer Nature. This book was released on 2022-03-15 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Ross Garnaut
Publisher : Black Inc.
ISBN 13 : 1743821174
Total Pages : 211 pages
Book Rating : 4.7/5 (438 download)
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.
