Energy
The Energy Program examines how Australia might substantially reduce its greenhouse gas emissions, while maintaining reliable and affordable energy essential to modern industrial economies.
Energy markets and regulation need to change to encourage development and deployment of lower emission energy technologies. We need to see where energy efficiency is not optimised, and how it could be improved. And we need to understand the economic impacts of these changes.
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Publications and News |
Putting a Price on Carbon Publication | 13 August 2010 | Energy
Unfortunately, Australian energy efficiency policy to date has been a series of grab-bag ideas, which have not been integrated into a considered and comprehensive strategy. In a three part article published online by the Climate Spectator, Tristan Edis explains why cold, hard statistical evidence suggests carbon pricing should be easy, and why politicians do not seem to believe this, and how we might be able to overcome this impasse.
| More Bark Than Bite Publication | 22 July 2010 | Energy
Research suggests that Australia can afford to place a price on carbon, even without a comprehensive global treaty. In a PointCarbon article, John Daley and Tristan Edis look at how a price on carbon could impact Australia.
| No Action on Emissions is a Costly Option Publication | 15 July 2010 | Energy
The climate change debate is inevitably influenced by the desire to minimise short-term political pain. Clearly, reducing carbon emissions is not going to be painless. However, doing nothing is also going to be painful. And measures that minimise the short-term political pain are liable to substantially increase the long-term economic cost.
| Restructuring the Australian Economy to Emit Less Carbon Publication | 22 April 2010 | Energy
Industry by industry analysis shows that an Australian carbon price will not result in widespread job losses or higher carbon emissions. Proposed free permits under the CPRS are expensive and will delay restructuring the Australian economy efficiently to emit less carbon.
| Restructuring the Australian Economy to Emit Less Carbon - A Grattan Event Event | 28 April 2010 | Energy
Grattan Institute released its public report "Restructuring the Australian Economy to Emit Less Carbon" on Thursday 22 April 2010. Using a detailed analysis of Australian industries' own data, the report concludes the proposed free permits being offered by the Federal Government under its carbon pricing scheme are unnecessary. The report also shows that adapting to a carbon price is less difficult than the structural adjustments as a result of tariff reduction, competition policy reforms and the introduction of the GST. John Daley, Grattan Institute's Chief Executive Officer, presented a seminar on Wednesday 28 April, outlining the key findings of the report and discussed the implications for Australian policy making.
| Carbon pricing - is a tax better than emissions trading? Event | 25 March 2010 | Energy
Grattan Institute hosted a seminar on energy policy, with special guest Dr Cameron Hepburn. This seminar provided an opportunity for detailed discussion about climate change policy around the world, and what it means for Australia. We discussed the economics of various options for designing carbon pricing schemes.
| Minimum Price for Carbon Publication | 13 November 2009 | Energy
Until future carbon prices are assured, banks and investors will be reluctant to add to power capacity, writes John Daley.
| The Pricing of Carbon Emissions and International Trade Event | 5 November 2009 | Energy
The United States, the European Union, and other developed nations, including Australia, are moving towards regimes to put a price on carbon emissions. Daniel Price addressed questions such as: Are shifts in location to avoid carbon emission costs likely?
| Trade Policy and Climate Change Policy: Some Inconvenient Truths Event | 9 September 2009 | Energy
The economic distortions associated with arbitrary allocations of free emissions permits to trade exposed industries in Australia is just one part of a global story. Without an effective international approach, this will contribute to a breakdown of the WTO based global trading system. Professor Garnaut discusses the problem and the way out.
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