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Articles on Emissions trading scheme

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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.
Past deals on emissions trading increased compensation to the electricity sector. Daniel L Smith / Shutterstock.com

Australia needs a fresh start on climate policy: authority

Australia needs to “reset” discussions related to climate policy, according to the government’s advisory body on climate policy.
Malcolm Turnbull, as a former investment banker, should be able to feel the prevailing global winds around climate finance. AAP Image/Paul Miller

Australia’s climate policy is messier than a teenager’s bedroom, but is Turnbull the man to tidy it up?

After years of squabbling over climate policy, do we now have a prime minister prepared to clean up the mess? Given a fair wind at the Paris summit and an election win, Turnbull might just pull it off.
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.
Chinese President Xi Jinping has announced pledged to adopt a national emissions trading scheme from 2017. EPA/MICHAEL REYNOLDS/AAP

China announces national emissions trading scheme – experts react

China, the world’s biggest greenhouse emitter, will set up a national emissions trading scheme beginning in 2017. Our experts react to the announcement, made during President Xi Jinping’s US state visit.
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.
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.
Bernie Fraser, Greg Hunt and Clive Palmer announce the Climate Change Authority’s emissions trading review last year, after Palmer prevented the authority being abolished. AAP/Alan Porritt

Ignored by the government, shrunk by resignations – where now for Australia’s Climate Change Authority?

The Climate Change Authority, rocked by this week’s resignation of its chairman Bernie Fraser but saved last year by the Senate, will continue reviewing climate policy - even if its advice is ignored.
Climate costs can seem scary, but it’s all in how you look at them. Bills image from www.shutterstock.com

How to make sense of big, scary climate costs

Is ambitious action on climate change a recipe for a significant hit to the economy and our living standards?
It might be nice if buying the right to emit greenhouse pollution could be made a bit simpler. Oleandra/Shutterstock.com

Politics aside, a simple carbon tax makes more sense than a convoluted emissions trading scheme

The term ‘carbon tax’ is a political poison in Australia, thanks to the previous carbon tax which was actually an emissions trading scheme. Yet ironically, many economists prefer a tax over an ETS anyway.
Opposition leader Bill Shorten and Shadow Environment Minister Mark Butler say the ALP supports renewables but haven’t yet decided whether and how to price carbon. AAP Image/Alan Porritt

The latest turn in the twisty history of Labor’s climate policies

Labor says it hasn’t yet decided what climate policy to take to the next election, although this week’s leak has bolstered the idea that it will involve carbon pricing – a subject with a long and vexed history for the party.
UN chief climate negotiator Christiana Figueres told a Melbourne conference Australia risks becoming an outsider at this year’s crucial Paris talks. EPA/JEON HEON-KYUN/AAP

UN climate chief: other countries are ‘further ahead than Australia’

UN climate chief Christiana Figueres has hinted that Australia risks becoming an outsider at this year’s Paris climate talks if it doesn’t match the ambition of many other countries’ climate pledges.
To find out if the carbon price worked, you have to look at the electricity sector. Paul Hocksenar/Flickr

FactCheck: did carbon emissions fall faster before the carbon price?

Emissions fell by six times the rate in the five years before the carbon tax than they did under the carbon tax. – Environment minister Greg Hunt, The Guardian, January 17, 2015. Australia’s total greenhouse…
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…
By 2100 there could be 11 billion people on Earth, but there’s no quick way to slow growth. James Cridland/Flickr

No quick fix for overpopulation — let’s focus on climate

The rise in population since 1900 has been so rapid that up to 14% of all humans that have ever lived are still alive today, according to recent research. Other research shows that slowing population growth…

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