Purpose – The most problematic area of any carbon policy debate is the treatment of incumbent CO2 intensive coal-fired electricity generators. Policy applied to the electricity sector is rarely well guided by macroeconomic theory and modeling alone, especially in the case of carbon where the...

This article examines various greenhouse gas scenarios for the electricity supply industry in the coal-rich state of Queensland. The authors use a dynamic partial equilibrium model of the Queensland electricity system to examine the effects of four alternate policy scenarios: a business-as-usual...

Purpose – The most problematic area of any carbon policy debate is the treatment of incumbent CO2 intensive coal‐fired electricity generators. Policy applied to the electricity sector is rarely well guided by macroeconomic theory and modeling alone, especially in the case of carbon where the...