emissions trading

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The dawn of a reborn emissions trading scheme led by South Australia is not as unfeasible as Premier Jay Weatherill suggests. Adam Trevorrow/Wikimedia Commons

As China launches a national emissions trading scheme, Australian states threaten to go back to the future

Australia used to have state-based emissions trading schemes, before they were ditched in favour of the now-abandoned national one. State premiers might say there's no way to resurrect them, but there is.
Climate diplomacy: in a another joint announcement from the US and China, president Xi Jinping committed to an emissions trading scheme in 2017. EPA/Michael Reynolds

Too big to fail: China pledges to set up landmark emissions trading scheme

Chinese President Xi Jinping has made a landmark commitment on climate change, pledging to launch what will become the world's largest and most important emissions trading scheme when it begins in 2017.
To win the vote of some conservative Liberals Malcolm Turnbull made it clear that he would stick with the present climate policy and not contemplate an ETS. Lukas Coch/AAP

Malcolm Turnbull and his emissions trading scheme shadow

Malcolm Turnbull, it seems, cannot escape the emissions trading scheme (ETS) bogey. This time, it comes in the form of China’s plan – which had been foreshadowed but is now confirmed – to introduce a national…
In 2010 Malcolm Turnbull threatened to cross the floor to vote for emissions trading. Polls suggest the public would back him now, even if his party won’t. AAP Image/Alan Porritt

If he wants to win an election, Turnbull should go back to his old self on climate

In backing Abbott's existing climate policy, Malcolm Turnbull looks like appeasing his party. But his prospects would be better served by appealing to voters who are anxious for strong climate action.
Scaling back coalmining is one way Australia could make big progress towards its emissions targets. CSIRO/Wikimedia Commons

Report calls for emissions cuts, but plays down the opportunities

The Climate Change Authority has recommended Australia cut greenhouse gas emissions 30% below 2000 levels by 2025. While sensible, the government is unlikely to accept, and the target misses bigger opportunities to cut emissions.
Climate Change Authority chair Bernie Fraser says other wealthy nations have already pledged far deeper emissions cuts than Australia. AAP Image/Lukas Coch

Climate Change Authority calls for 30% emissions cut by 2025

A report from Australia's Climate Change Authority recommends cutting greenhouse emissions by 30% by 2025 if the country is to be seen as a good global citizen in this year's climate negotiations.
China’s embrace of technologies like solar roofs has seen it become the world’s biggest renewable energy investor. Climate Council

Australia is losing ground as the climate policy race gains pace

Climate change, now belatedly added to the agenda for this month’s G20 meeting in Brisbane, is a perennial topic whenever leaders gather for international summits. That’s understandable, given that countries…
Greg Hunt (left) says he doesn’t want an emissions trading scheme; Clive Palmer says he does. But Hunt’s Direct Action plan might ultimately take us there anyway. AAP Image/Alan Porritt

Direct Action could deliver a useful outcome: carbon trading

There’s little point in getting too excited just yet about the details of Direct Action and its merits (or otherwise) as compared with emissions trading. Why? Because all of the current debate about Australia’s…
Bernie Fraser of the Climate Change Authority, environment minister Greg Hunt, and Clive Palmer announce a deal on a plan to cut Australia’s emissions this decade. What happens after that isn’t so clear. AAPImage/Alan Porritt

Direct Action’s here, but how will Australia cut carbon after 2020?

With the passage of the Emissions Reduction Fund through the Senate last night, the federal government has taken a step towards achieving Australia’s minimum target to reduce greenhouse gas emissions to…
Environment minister Greg Hunt and Palmer United Party leader Clive Palmer have agreed to an inquiry into an emissions trading scheme. AAP/Alan Porritt

Government agrees to inquiry into emissions trading scheme

The government has been forced to agree to an 18-month inquiry into an emissions trading scheme – despite declaring it would…
Chinese President Xi Jinping and India’s Prime Minister Narendra Modi will both skip the UN climate talks, but that doesn’t mean the world’s biggest emitters aren’t acting. EPA/AAP

Leaders skip UN talks as China looks to go it alone on carbon

There are a few notable absentees among the more than 120 world leaders gathered in New York for today’s United Nations Climate Summit. Perhaps most notable of all is the head of the world’s highest-emitting…
Economic reforms such as a national carbon price could usher in dramatic changes on China’s energy landscape. Vmenkov/Wikimedia Commons

China heads for price on carbon; energy market overhaul is next

In the lead-up to the UN leaders’ summit on climate change, China is shifting up a gear in its drive towards national emissions trading. Yet for carbon pricing to be effective, market reform in China’s…
Clive Palmer, with the unlikely backing of Al Gore, may have found a way to salvage something from Australia’s looming climate policy vacuum. AAPImage/Alan Porritt

Stopgap carbon policies: far from perfect, but better than nothing

Climate policy is back on the agenda in Canberra this week, with the focus on the government’s centrepiece Direct Action plan. The Coalition will have to negotiate with the Palmer United Party, which will…
A tourist train from Sheringham to Holt steams past an offshore wind farm, one of many that have sprung up along the UK coast. Gerry Balding/Flickr

UK shows how Australia can cut emissions without a carbon tax

Australia’s carbon price has gone – but a UK review released this week shows that to lay the foundations for a low-carbon economy, pricing carbon is far from the whole story. Over recent months, as Australia’s…
Even before it was born, the carbon price had plenty of friends – and lots of enemies. Shutterstock

Obituary: Australia’s carbon price

The Carbon Pricing Mechanism, known to its friends as the carbon price and its critics as the carbon tax, passed away today in Canberra, aged two, after a long battle with slogans. While it won praise…
After more than a week of delays, the Senate has scrapped the carbon tax. AAP Image/Lukas Coch

Carbon tax repealed: experts respond

The government has succeeded in getting legislation passed to repeal the carbon tax, despite some last-minute doubts cast…
Emissions from Australia’s power network fell sharply as a result of the carbon price. Peripitus/Wikimedia Commons

Despite its imminent demise, the carbon price has cut emissions

Carbon emissions in Australia’s national electricity market would have been 11 to 17 million tonnes higher if Australia had not introduced a carbon price. New research using the latest data indicates that…
Leader of the House Christopher Pyne and Environment Minister Greg Hunt when the carbon tax repeal passed through the lower house on Monday. AAP Image/Alan Porritt

Carbon tax repeal raises long-term risks for Australian business

The bill to repeal Australia’s “carbon tax” is poised to pass the Senate, potentially leaving Australia without a working price on carbon. In the short term, the repeal may provide some relief for businesses…

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