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China Carbon Pricing Survey 2013
Jotzo, Frank; Boer, Dimitri de; Kater, Hugh - Crawford School of Public Policy, Australian National … - 2013
This paper summarises results from the inaugural China Carbon Pricing Survey. The survey elicited expectations about … the future of China's carbon price from China-based experts on carbon pricing and carbon markets during July to September … 2013. The results indicate confidence that all seven of China's pilot schemes will be under way by 2015, with prices rising …
Persistent link: https://www.econbiz.de/10011141009
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Price Floors for Emissions Trading
Wood, Peter John; Jotzo, Frank - Crawford School of Public Policy, Australian National … - 2009
Price floors in greenhouse gas emissions trading schemes can have advantages for technological innovation, price volatility, and management of cost uncertainty. Implementing the schemes, however, has pitfalls. This research report argues that requiring firms to pay an extra fee or tax is the...
Persistent link: https://www.econbiz.de/10008693239
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The challenges of finding efficient policy measures to reduce Australia’s agricultural Greenhouse gas emissions
King, Helen - Crawford School of Public Policy, Australian National … - 2008
A comprehensive emissions trading scheme (ETS) is Australia’s principal climate change policy instrument. There are undoubtedly benefits of full ETS coverage. However, if emissions that cannot be affordably, reasonably and accurately measured are included, these must be balanced against...
Persistent link: https://www.econbiz.de/10008693256
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The Future of Renewable Electricity in Australia
Buckman, Greg; Diesendorf, Mark - Crawford School of Public Policy, Australian National … - 2009
If long-term greenhouse gas emissions in Australia are to be reduced, renewable energy is likely to be critical. This is particularly so if deep cuts are eventually implemented. Current government policies ( including emissions trading and electricity, the feed-in tariffs announced in 2008), are...
Persistent link: https://www.econbiz.de/10008693261
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Linking the Australian Emissions Trading Scheme
Jotzo, Frank; Betz, Regina - Crawford School of Public Policy, Australian National … - 2009
A detailed proposal for an economy-wide emissions trading scheme in Australia was tabled by the government in December 2008 with a proposed start date for mid-2010. The government proposes unilateral linking, with no initial bilateral linkages, through the clean development mechanism and joint...
Persistent link: https://www.econbiz.de/10008693266
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Auctioning Greenhouse Gas Emissions Permits in Australia
Betz, Regina; Seifert, Stefan; Cramton, Peter; Kerr, Suzi - Crawford School of Public Policy, Australian National … - 2009
Allocating permits based on individual historical emissions (‘grandfathering’), or industry benchmark data, is an important design aspect of an emissions trading scheme. Free permit allocation has proven complex and inefficient (particularly in the European Union) with distribution...
Persistent link: https://www.econbiz.de/10008693300
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Initial Allocation Effects in Permit Markets with Bertrand Output Oligopoly
Calford, Evan M.; Heinzel, Christoph; Betz, Regina - Crawford School of Public Policy, Australian National … - 2010
We analyse the efficiency effects of the initial permit allocation given to firms with market power in both permit and output market. We examine two models: a long- run model with endogenous technology and capacity choice, and a short-run model with fixed technology and capacity. In the long...
Persistent link: https://www.econbiz.de/10008693306
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Price Floors for Emissions Trading
Wood, Peter John; Jotzo, Frank - Crawford School of Public Policy, Australian National … - 2009
Price floors in greenhouse gas emissions trading schemes can have advantages for technological innovation, price volatility, and management of cost uncertainty, but implementation has pitfalls. We argue that the best mechanism for implementing a price floor is by way of firms paying an extra fee...
Persistent link: https://www.econbiz.de/10008574069
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Initial Allocation Effects in Permit Markets with Bertrand Output Oligopoly
Betz, Regina Annette; Calford, Evan; Heinzel, Christoph - Crawford School of Public Policy, Australian National … - 2010
We analyse the efficiency effects of the initial permit allocation given to firms with market power in both permit and output market. We examine two models: a long-run model with endogenous technology and capacity choice, and a short-run model with fixed technology and capacity. In the long run,...
Persistent link: https://www.econbiz.de/10008574078
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The Effects of Penalty Design on Market Performance: Experimental Evidence from an Emissions Trading Scheme with Auctioned Permits
Restiani, Phillia; Betz, Regina - Crawford School of Public Policy, Australian National … - 2010
This paper investigates the behavioural implications of penalty designs on market performance using an experimental method. Three penalty types and two penalty levels are enforced in a laboratory permit market with auctioning, including the Australian Carbon Pollution Reduction Scheme proposed...
Persistent link: https://www.econbiz.de/10009145054