emissions trading

Analysis and Comment (6)

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In the last few years, both China and the US have ramped up efforts to address climate change. Stefano Paltera/US Dept. of Energy Solar Decathlon

China and the US step up on climate

By Tim Flannery

Ambition has awakened the global energy giants, China and the United States. Both nations have recently strengthened commitments to address climate change and announced plans to strengthen collaboration…
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Trade in emissions entitlements has struck some large practical problems. EPA/MARK

Falling EU carbon price should inspire greater mitigation efforts

By Ross Garnaut, University of Melbourne

Emissions growth in the 21st century was overwhelmingly concentrated in developing countries. My own calculations on “business as usual” emissions for the Climate Change Review Update suggested that in…
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There are some barriers to linking our emissions reduction plan to California’s, but they’re worth overcoming. Thomas Hawk

Let’s link up: joining our carbon price to California’s

By Brad Jessup, University of Melbourne and Katherine Lake, University of Melbourne

As the pace of international climate negotiations has slowed, the interest and attention of international organisations and climate policy watchers has been diverted to national climate change responses…
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On the international stage, China is reluctant to cut emissions. Back home, its new emissions trading scheme will be the world’s second largest. Flickr/peregrinari

Carbon trading in the Asian Century: China’s ETS on track

By Alex Lo, Griffith University

In the United Nation’s annual climate change conference held in Doha last December, delegates from 194 countries came together at the last minute to extend the Kyoto Protocol. The Protocol is a legally…
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While Australia fears either an environment or economic doomsday, other countries get on with making a cleaner future. Detail of Hieronymus Bosch's The Last Judgment, from Flickr/profzucker

Apocalypse Not: doomsday thinkers of Oz should get out more

By Graham Harris

I sometimes wonder what planet this country of ours is on. The environmental debate we are having seems to be in a parallel universe to the rest of the world. Having spent the last four years running one…
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Sold to the lowest bidder! The carbon price will not transform Australia’s power supply without further steps to help low-emission technologies into the market. Flickr/sashafatcat

Low-emission’s missing link: reverse auctions for clean power

By Tony Wood, Grattan Institute

When it comes to reducing emissions, most serious analysts agree: the market works best, but the market is not enough. The International Energy Agency, the OECD, leading British climate economist Nicholas…

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