Articles on Carbon price

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Politically, the carbon tax issue has been great for Tony Abbott, allowing him to position himself as a friend to business. AAP Image/Lukas Coch

Climate policy: could it be the boxing Prime Minister’s glass jaw?

Nine years ago, I spent long days inside Downing Street working with the then British Prime Minister Tony Blair on how to position his government on the global climate problem. Blair was keen to work out…
Is the city shrouded in a carbon bubble? Lars Plougman

Financial markets should take climate policy more seriously

The number of climate change laws on the statue books of the world’s leading economies grew from less than 40 in 1997 to almost 500 at the end of 2013. Most leading countries now have legal provisions…
Australia’s new climate policy fails on three fronts: global action, crediting, and land. Flickr/mrhong42

Australia’s climate plan: are you serious?

The Emissions Reduction Fund (ERF), the central pillar of Australia’s Direct Action climate policy, continues to attract a fair bit of derision with its credibility said to be “hanging by a thread”. Is…
Stormy weather hits New Zealand’s capital, Wellington. Flickr.com/wiifm69 (Sean Hamlin)

An insider’s story of the global attack on climate science

A recent headline – Failed doubters trust leaves taxpayers six-figure loss – marked the end of a four-year epic saga of secretly-funded climate denial, harassment of scientists and tying-up of valuable…
It is still not clear how emissions reductions will be measured. Marcus Wong/Wikimedia Commons

Three major loopholes in the Direct Action climate plan

You could be forgiven for missing it, but on the Friday afternoon before Christmas, federal environment minister Greg Hunt released the draft details of the Emissions Reduction Fund – the centrepiece of…
We need more types of electricity in our mix. Flickr/Chip_2904

Act now on Australia’s power system or pay more later

Australia has a problem with its power system that goes to the core of many issues we’re facing at the moment — increasing coal and gas prices, changing electricity usage, and climate change. That’s the…
Making too much money can be the undoing of an emissions reduction scheme. Images_of_Money/Flickr

To cut more emissions, a carbon tax needs to raise less revenue

Carbon (emissions) taxes have proved unpalatable world-wide, compared to (carbon) emissions trading schemes. But taxes give stable carbon prices while prices in emissions trading schemes yo-yo, plunge…
Reducing emissions will work better if we’re not so stuck in our abatement ways. Power plant image from shutterstock.com

Direct action vs carbon pricing: we can have it all

We should not be debating a choice between direct action and carbon pricing: we need both, but with credible, well-designed mechanisms. Why we need both We need a carbon price based on certificate trading…
Tony Abbott can have an emissions trading scheme and be a good conservative politician. Dean Lewins/AAP

How the Coalition can keep a carbon price and its election promises

Perhaps the Abbott government can solve its climate change problem by revisiting an old Coalition policy. Before the 2013 election the Coalition promised to cut the “carbon tax”, introduce direct action…
Messing around with climate change makes no sense. Michael Lloyd

Australia is hot, dry and risky, so why cut climate action?

The Abbott Government’s proposed repeal of Australia’s climate legislation will be heard through history. This action is being taken at a time when the rest of the world is moving in the other direction…
The Coalition has campaigned fiercely on its opposition to a carbon price. AAP Image/Alan Porritt

What next for Australia’s climate policy?

Australia’s new government is likely to repeal the carbon price, by striking a deal with crossbenchers in the Senate after July 2014, or possibly going to a special election if it looks electorally attractive…
The Coalition’s Direct Action plan is missing some funding. AAP Image/Alan Porritt

Coalition’s carbon budget shortfall will be $4 billion, unless …

By now you’ll know the Coalition has dramatically under-budgeted its Direct Action plan on climate change by A$4 billion. On the Coalition’s current budget the plan will fail to meet Australia’s emissions…
If we don’t meet renewable energy targets electricity prices may go up. Flickr/Chaddles

Renewables will reduce electricity costs – if we have a carbon price

Kevin Rudd’s move to cut the carbon price and move to an emissions trading scheme is meant to ease the cost of living. Meanwhile the Coalition would like us to drop carbon pricing and trading altogether…
Cheap emissions permits means industry hasn’t traded in its polluting ways. David Davies/PA

Permits to pollute can be bought too cheaply

When the carbon price collapsed to below €3 in April this year, EU policymakers sought to prop up carbon prices by a deal that would delay the release of carbon allowances (known as “backloading”). This…

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