Articles on Carbon price

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Better appliances and energy-efficiency rules saved Australians more than A$3 billion on electricity last year alone. Shutterstock

Energy‑smart appliances cut Australian power bills by billions

The latest review of Australia’s energy-saving appliance scheme has delivered a rare trifecta: a good news story for the economy, the community and the environment. According to my estimates from data…
Changing how we consume energy is the best way to mitigate climate change. Adam Bowie/Flickr

We all need to pay for climate change mitigation

While the latest IPCC report on mitigation doesn’t recommend any particular strategy for reducing carbon emissions, it suggests changing energy consumption is a key mitigation strategy. According to the…
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…
The Senate is becoming a battleground over the Abbott government’s carbon policy. JJ Harrison/Wikimedia Commons

Senate committee draws battle lines ahead of carbon price fight

A Labor-dominated Senate committee has set the stage for the post-July tussle over carbon policy, recommending that Australia commit to much deeper emissions cuts than the current 5% target, and advising…
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 economic costings from both parties rely on wildly optimistic PEFO figures. AAP

Electoral promises of both parties hang on precarious PEFO forecasts

The economic promises of both the Coalition and the ALP rely on two “big taxes”: the mining tax and the carbon tax. This week, the Coalition revealed what it believes it will save from abolishing them…
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…

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