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Australias Carbon Pricing Strategies In A Global Context
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Book Synopsis Australia's Carbon Pricing Strategies in a Global Context by : Robert Waschik
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.
Book Synopsis Pricing Carbon in Australia by : Rebecca Pearse
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.
Book Synopsis Australian Climate Law in Global Context by : Alexander Zahar
Download or read book Australian Climate Law in Global Context written by Alexander Zahar and published by Cambridge University Press. This book was released on 2012-12-06 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Australian Climate Policy and Diplomacy by : Ben L. Parr
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.
Book Synopsis Climate Change, Forests and Federalism by : Evgeny Guglyuvatyy
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.
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:
Book Synopsis Australian Climate Law in Global Context by : Alexander Zahar
Download or read book Australian Climate Law in Global Context written by Alexander Zahar and published by Cambridge University Press. This book was released on 2012-11-14 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a comprehensive guide to climate change law in Australia and internationally, focusing on Australia's implementation of climate-related treaties.
Book Synopsis Carbon Pricing that Builds Consensus and Reduces Australia's Emissions by : Frank Jotzo
Download or read book Carbon Pricing that Builds Consensus and Reduces Australia's Emissions written by Frank Jotzo and published by . This book was released on 2014 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Global Carbon Pricing by : Peter Cramton
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 270 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
Book Synopsis Carbon Pricing Options for a Post-Kyoto Response to Climate Change in Australia by : Wayne Stephen Gumley
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.
Book Synopsis The Poverty and Distributional Impacts of Carbon Pricing: Channels and Policy Implications by : Baoping Shang
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.
Book Synopsis Australia's Carbon Pricing Mechanism by : Lisa Caripis
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.
Book Synopsis Australia's Climate Change Policy by : Australia
Download or read book Australia's Climate Change Policy written by Australia and published by . This book was released on 2007-01-01 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is a serious global challenge. Australia will contribute to finding an effective and comprehensive global response. Our economy needs to prepare for a carbon-constrained future. Australia's Climate Change Policy explains how the Government will respond to the challenge by reducing domestic emissions at least economic cost; developing key low emissions technologies, improving energy efficiency and supporting households and communities to reduce emissions; supporting world class climate science and adapting to the impacts of unavoidable climate change; and pursuing effective international responses to climate change that involve all major emitters, and that reflect our domestic policies.
Book Synopsis Energy in Australia by : Graham Palmer
Download or read book Energy in Australia written by Graham Palmer and published by Springer Science & Business Media. This book was released on 2013-11-09 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Limiting Global Warming to Well Below 2 °C: Energy System Modelling and Policy Development by : George Giannakidis
Download or read book Limiting Global Warming to Well Below 2 °C: Energy System Modelling and Policy Development written by George Giannakidis and published by Springer. This book was released on 2018-03-31 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the energy system roadmaps necessary to limit global temperature increase to below 2°C, in order to avoid the catastrophic impacts of climate change. It provides a unique perspective on and critical understanding of the feasibility of a well-below-2°C world by exploring energy system pathways, technology innovations, behaviour change and the macro-economic impacts of achieving carbon neutrality by mid-century. The transformative changes in the energy transition are explored using energy systems models and scenario analyses that are applied to various cities, countries and at a global scale to offer scientific evidence to underpin complex policy decisions relating to climate change mitigation and interrelated issues like energy security and the energy–water nexus. It includes several chapters directly related to the Nationally Determined Contributions proposed in the context of the recent Paris Agreement on Climate Change. In summary, the book collates a range of concrete analyses at different scales from around the globe, revisiting the roles of countries, cities and local communities in pathways to significantly reduce greenhouse gas emissions and make a well-below-2°C world a reality. A valuable source of information for energy modellers in both the industry and public sectors, it provides a critical understanding of both the feasibility of roadmaps to achieve a well-below-2°C world, and the diversity and wide applications of energy systems models. Encompassing behaviour changes; technology innovations; macro-economic impacts; and other environmental challenges, such as water, it is also of interest to energy economists and engineers, as well as economic modellers working in the field of climate change mitigation.
Book Synopsis Green Fiscal Reform for a Sustainable Future by : Natalie P. Stoianoff
Download or read book Green Fiscal Reform for a Sustainable Future written by Natalie P. Stoianoff and published by Edward Elgar Publishing. This book was released on 2016-08-26 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book focuses on achieving a sustainable future through the reform of green fiscal policy. Green fiscal policies help not only provide the needed financing but may also serve the Sustainable Development Goals adopted by the United Nations in 2015. In this volume environmental tax experts review the development of fiscal carbon policy, consider the impact of green taxation on trade and competition, analyse the lessons learned from national experiences with fuel and energy pricing, and evaluate a variety of green economic instruments.
Download or read book False Alarm written by Bjorn Lomborg and published by Basic Books. This book was released on 2020-07-14 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: An “essential” (Times UK) and “meticulously researched” (Forbes) book by “the skeptical environmentalist” argues that panic over climate change is causing more harm than good Hurricanes batter our coasts. Wildfires rage across the American West. Glaciers collapse in the Artic. Politicians, activists, and the media espouse a common message: climate change is destroying the planet, and we must take drastic action immediately to stop it. Children panic about their future, and adults wonder if it is even ethical to bring new life into the world. Enough, argues bestselling author Bjorn Lomborg. Climate change is real, but it's not the apocalyptic threat that we've been told it is. Projections of Earth's imminent demise are based on bad science and even worse economics. In panic, world leaders have committed to wildly expensive but largely ineffective policies that hamper growth and crowd out more pressing investments in human capital, from immunization to education. False Alarm will convince you that everything you think about climate change is wrong -- and points the way toward making the world a vastly better, if slightly warmer, place for us all.
