The Australian Labor government has yet again ignored climate change in its latest budget. Treasury’s forecast for the Australian carbon price in 2015 (when it is scheduled to become an internationally-linked emissions trading scheme or ETS) has been revised downward from $29/tonne to $12.10/tonne, a belated implicit admission that its decision to link to the …
Tag Archive: Energy
Apr 11 2013
Australia’s carbon price time bomb
Australia’s carbon price, presently fixed at $23/tonne, is the subject of many political talking points. The most important (and perhaps most confusing) disagreement is over whether or not the carbon price is effective. The Labor government and the Greens, who designed the policy, claim the carbon price is already cutting emissions, pointing to reports that …
Mar 11 2013
Caps Review Part 7: Complementary measures
This is the seventh part in a series about the Caps and Targets Review being conducted by the Australian Government’s independent Climate Change Authority (CCA) this year. Part 1 summarized the global climate crisis, Part 2 explained the importance of the review and how CCA should approach it, Part 3 outlined the role Australia should …
Mar 10 2013
Caps Review Part 6: ETS design flaws and pitfalls
This is the sixth part in a series about the Caps and Targets Review being conducted by the Australian Government’s independent Climate Change Authority (CCA) this year. Part 1 summarized the global climate crisis, Part 2 explained the importance of the review and how CCA should approach it, Part 3 outlined the role Australia should …
Mar 09 2013
Caps Review Part 5: Emissions caps
This is the fifth part in a series about the Caps and Targets Review being conducted by the Australian Government’s independent Climate Change Authority (CCA) this year. Part 1 summarized the global climate crisis, Part 2 explained the importance of the review and how CCA should approach it, Part 3 outlined the role Australia should …
Mar 07 2013
Caps Review Part 4: Economics
This is the fourth part in a series about the Caps and Targets Review being conducted by the Australian Government’s independent Climate Change Authority (CCA) this year. Part 1 summarized the global climate crisis, Part 2 explained the importance of the review and how CCA should approach it, and Part 3 outlined the role Australia …
Mar 06 2013
Caps Targets Part 3: Australia’s role
This is the third part in a series about the Caps and Targets Review being conducted by the Australian Government’s independent Climate Change Authority (CCA) this year. Part 1 summarized the global climate crisis, and Part 2 explained the importance of the review and how CCA should approach it. This part outlines the role Australia …
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