Articles on Carbon markets

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Climate teams: if countries pooled resources, they could support a low-emission transformation.

A new approach to emissions trading in a post-Paris climate

New Zealand is a trailblazer for emissions trading, which could help drive a low-emission transformation, both domestically and overseas, in a post-Paris world.
The Paris agreement introduces a new mechanism for international co-operation. AAP/Samuel Boivin

How will carbon markets help the Paris climate agreement?

Despite there being no reference to the words “market mechanism” or “carbon market” in the agreement, the agreement clearly establishes a new international carbon market mechanism.
Having two children could leave more carbon emissions than you can save by changing lightbulbs. p.Gordon/Flickr

How family planning could be part of the answer to climate change

You’ve changed your lightbulbs, you recycle, you’ve retrofitted your house, cycle when you can, and drive an electric car when you can’t. You’re doing your bit to reduce your carbon emissions and prevent…
A reform silver lining lurking behind the clouds? Arnold Paul

Without transparency, Europe’s carbon market reform will fail

In 2008, the European carbon market crashed. Carbon emission allowances in the EU Emissions Trading System (ETS) plunged from €30 per tonne of C02 in June 2008 to €7 at the beginning of 2009. Prices have…
Much more to be done in fertilising the green economy. Niall Carson/PA

Less talk, more walk required to green the economy

The idea of the “green economy” goes in and out of fashion, not least because it is rarely defined and frequently misunderstood. Partly this is because different groups find ways to exaggerate the aspects…
We’re comfortable buying things we can touch, but we can get used to a market in intangibles. Jeremy Brooks

Can there be a ‘free market’ in carbon?

Many are puzzled by the political theory of carbon markets. Why does the Institute for Public Affairs – a libertarian think tank – oppose a market in carbon? Tim Wilson, for example, thinks that private…
Ratcliffe-on-Soar power station: carbon markets are supposed to be effective, not just hot air. PA/David Davies

Is this the end of carbon trading, or just a hiccup?

Just as scientists almost universally agree greenhouse gases contribute to the planet’s changing climate, economists almost universally agree the problem is made worse because polluters don’t pay for the…
Does purchasing carbon credits from others really offset our impact on the environment? Ecopush/Flickr

Carbon offsets: saving emissions, but not saving the environment

Many Australian consumers and businesses are working on ways to reduce their greenhouse gas emissions. For some, the carbon tax meets their needs: it’s designed to specifically motivate changes in behaviour…
The legal implications of changes to the carbon price mechanism are subtle, but important. Pawel Loj

The legal implications of changing the carbon pricing mechanism

Earlier this week the federal Government announced important changes to the carbon pricing mechanism (CPM). The political and economic consequences have been much discussed, but the less-talked-of legal…
What will removing the price floor and linking to the EU carbon market mean for Australia’s carbon price? AAP Image/Alan Porritt

Carbon price floor axed, but EU market links a good substitute

You might have thought Australia’s carbon pricing scheme was done and dusted – at least until the next government comes in. Today’s announcement about the price floor and international permit trading proves…
A trading coalition would help Indonesia meet its emissions-reduction targets. World Resources

Building carbon markets with our nearest neighbours

International carbon markets are on the nose in some quarters. From some on the left they are seen as a cheap way to absolve polluters’ sins without having a real impact on reducing emissions. From some…
What role will Australia play in a network of individual carbon markets? fdecomite

International carbon markets: what are the implications for Australia?

Anyone observing the climate change debate from Australia might think the world is moving away from carbon trading schemes. That would be understandable, but wrong. International carbon markets exist…

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