Concerns about the economic impacts of achieving deep cuts in emissions are a pivotal issue in achieving the political support required for emissions reductions. We assess a widespread reference point bias in the communication of economic modelling of climate policy impacts, and find it...

This paper outlines how resource degradation in Australia could be reversed with innovative investment approaches that compensate for the main impediments to beneficial landscape change. We argue that the existing suite of policy responses is incomplete and there are benefits to be had by...

The merits of floor prices in emissions trading schemes (ETS) depend on the problem addressed. Traditional hybrid approaches emphasise automatic response to lower than anticipated abatement costs, but we find adjusting emissions targets over time is the better way to deal with this in the...

Australian economic modelling of policy options to reduce greenhouse gas emissions has to date given little attention to (i) crafting policy scenarios that use emissions revenues to target significant existing tax distortions, (ii) quantifying the effects of policy on the price and affordability...

Adaptive governance is a concept from institutional theory that deals with the evolution of institutions for the management of shared assets, particularly common pool resources and other forms of natural capital. This paper is the first of a set of four papers on adaptive governance, providing a...