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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...
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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...
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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...
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