Paul Burke, Crawford School of Public Policy, Australian National University; Frank Jotzo, Australian National University et Rohan Best, Macquarie University
Having a carbon price is linked to lower emissions growth. A larger price cuts emissions by more.
The climate action plans of three companies in different industries – Delta Air Lines, Amazon and Microsoft – illuminate the three key strategies needed to cut carbon emissions.
We analysed what the world’s top 58 airlines – such as American Airlines, British Airways and Qantas – are doing about climate change. Even the best airlines are not doing anywhere near enough.
Traditional market transactions ignore the costs of greenhouse gas emissions. An emissions trading scheme is a tool to put a price on emissions and to influence us to choose lower-emission options.
If the climate is in peril, why has the federal government approved a pipeline that will ship close to 600,000 barrels of oil per day from Alberta to British Columbia?
A year ago, Doug Ford’s election was seen as a harbinger of a populist realignment in Ontario and Canadian politics. Now polls suggest Ford has abysmally low personal approval ratings.
Carbon pricing is the most market-based means of addressing the climate crisis, yet it is strongly opposed by politicians that claim to support free markets.
We’ve been here before. In fact we’ve been going round in circles on climate policy for decades, while the temperature (of the debate, as well as the planet) climbs ever higher.
States are folding the social and economic costs of burning fossil fuels into their electricity policies, giving utilities a financial incentive to reduce greenhouse emissions.
Democrats such as Rep. Ocasio-Cortez and Sen. Markey are proposing an ambitious decarbonization plan that critics are calling unaffordable. A green economist explains how the US could pay for it.
Scott Morrison’s pledge to spend billions on a Climate Solutions Fund is a thinly veiled rehash of the widely criticised Emissions Reduction Fund, which had much of its work undone by fine print.