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.
Articles on Carbon markets
Displaying 41 - 53 of 53 articles
Should solving global warming be left to market forces or not? Our politicians can’t make up their minds.
You’ve changed your lightbulbs, you recycle, you’ve retrofitted your house, cycle when you can, and drive an electric car when you can’t. You’re doing your bit to reduce your carbon emissions and prevent…
In 2008, the European carbon market crashed. Carbon emission allowances in the EU Emissions Trading System (ETS) plunged from €30 per tonne of C02 in June 2008 to €7 at the beginning of 2009. Prices have…
The idea of the “green economy” goes in and out of fashion, not least because it is rarely defined and frequently misunderstood. Partly this is because different groups find ways to exaggerate the aspects…
Many are puzzled by the political theory of carbon markets. Why does the Institute for Public Affairs – a libertarian think tank – oppose a market in carbon? Tim Wilson, for example, thinks that private…
Just as scientists almost universally agree greenhouse gases contribute to the planet’s changing climate, economists almost universally agree the problem is made worse because polluters don’t pay for the…
Many Australian consumers and businesses are working on ways to reduce their greenhouse gas emissions. For some, the carbon tax meets their needs: it’s designed to specifically motivate changes in behaviour…
… It became absolutely obvious after the Copenhagen conference that the rest of the world was not going anywhere near carbon taxes or emission trading schemes and that’s why the Coalition is absolutely…
Earlier this week the federal Government announced important changes to the carbon pricing mechanism (CPM). The political and economic consequences have been much discussed, but the less-talked-of legal…
You might have thought Australia’s carbon pricing scheme was done and dusted – at least until the next government comes in. Today’s announcement about the price floor and international permit trading proves…
International carbon markets are on the nose in some quarters. From some on the left they are seen as a cheap way to absolve polluters’ sins without having a real impact on reducing emissions. From some…
Anyone observing the climate change debate from Australia might think the world is moving away from carbon trading schemes. That would be understandable, but wrong. International carbon markets exist…
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Professor of Practice in Climate Policy, University of Oxford
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Academic position - Research Associate at the Centre for Resources, Energy and Environmental Law, The University of Melbourne
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Research Fellow, London School of Economics and Political Science
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Professor in Organisation & Sustainability, University of Exeter
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Research Officer, Grantham Research Institute, London School of Economics and Political Science
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Senior Lecturer in Political Economy, University of Sydney
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The University of Melbourne
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Minter Ellison Climate Change Scholar, Queensland University of Technology
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Professor of Environmental Economics, University of Oxford