Australia is set to introduce a carbon tax (details to be released on Sunday 10 July 2011). This post is the place to discuss this policy — the good and the bad. A description, from the Australian Parliamentary Library: A carbon tax is a tax on energy sources which emit carbon dioxide. It is a […]
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Recently, a Senate Economics Committee was established to investigate the current emissions trading legislation. Tim Kelly and I prepared a submission, which has now been posted on the senate website. It builds usefully on Tim’s earlier post: Carbon tax or cap-and-trade? The debate we never had, which prompted a lot of discussion in the BNC comments. So, […]
Guest Post by Tim Kelly. Tim is works as a Principal Climate Change Advisor in the Water Industry. The Federal Government has now released its Carbon Pollution Reduction Scheme White Paper and as expected the mechanism it has chosen is that of a pollution permit and trade system (cap and trade). The cap and trade […]
In Part II, Hansen looks at policy options required to drag us out of the Sustainability Emergency. It is self-explanatory, but I thought it worth adding some notes on a cap-and-trade versus a carbon tax. Which is better? Cap-and-Trade. Pros: (i) Cap reductions ensure falling emissions – in theory; (ii) Reduces inefficiencies or overpricing; (iii) […]
Guest Post by Geoff Russell. Geoff is a computer programmer, vegan, environmentalist, and more generally, a ‘by-the-numbers’ polymath. For a list of all of his posts on BNC, click here. He also has collections here and here. It’s February and the September quarter 2013 National Greenhouse Gas Inventory figures have just been released but are getting rather less coverage than in […]