Climate change and its consequences are the focus of many environmental policies in the European Union but also in other countries. Whereas in the US marketable instruments like permit trading have already been implemented since the 1980s, the EU first implemented permit trading for CO2...

The Australian Government’s Department of Agriculture, Water, and the Environment is promoting green purchasing policies across all levels of Australian government. A primary reason is that green purchasing policies have the potential to significantly reduce carbon impacts across the globe and...

The 2011 Clean Energy Act sought to align Australia’s carbon pricing to the 2005 European Union Emission Trading Scheme (EU-ETS) by 2015, but this act was repealed in 2014. We estimate the hypothetical impact of Australia adopting an emissions trading policy in 2005, which corresponds with the...

This staff working paper (by Vernon Topp and Tony Kulys) examines productivity trends in the Australian utilities industry and highlights some significant issues relating to the measurement and interpretation of changes in measured productivity over time. Multifactor productivity (MFP) growth in...

Effective policy and regulatory frameworks are paramount to incentivising the deployment of renewable energy to achieve long term reductions in carbon emissions. Australia's renewable energy policy has taken significant steps towards encouraging the deployment of lower-emission energy...

Australia’s renewable energy policy has taken significant steps towards encouraging the deployment of lower carbon emissions energy generation. Effective policy and regulatory frameworks are paramount to incentivising the deployment of renewable energy to achieve long term reductions in carbon...