Articles on Emissions trading scheme
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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…
What if carbon trading – where companies must bid for limited permits to emit pollutants, and so pay a price in order to do so – could be applied on an individual level? Personal carbon trading is a policy…
The European Commission has presented a new climate and energy policy framework for 2030 that focuses heavily on emissions reductions. Currently the EU implements “20-20-20” targets, which require a 20…
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…
This week, China will launch the pilots of its Beijing and Shanghai emmissions trading schemes. But the operating environment for these schemes will be vastly different to that in Australia or the European…
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…
What can two periods of industrialisation nearly two centuries apart tell us about how economies change and the demands their change place on the planet? Today, China leads the wave of emerging economies…
When officials in the northern Chinese province of Hubei recently declared their dedication to cleaning up air pollution by giving up smoking, few were impressed by their grasp of the problem. But China…
Australia will not be linking its emissions trading scheme to California any time soon. But Australia will have to increase its emissions reduction targets to between 15-25% below 2000 levels by 2020…
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…
It will be no surprise that a recent analysis of biodiversity funding round the world found that Australia was among the 40 countries spending least in comparison to our global legacy of species. Now…
With the Rudd government announcing a faster conversion to a market-driven carbon price, it should be time to review the assistance provided to emissions-intensive, trade-exposed industries such as raw…
There is little doubt that Kevin Rudd’s plan to bring forward international linking and trading of emission permits is a smart political move. It removes a key option for Tony Abbott. Now Mr Abbott is…
Prime Minister Kevin Rudd has told Australia we’re shifting to an emissions trading scheme one year earlier than anticipated, with Treasurer Chris Bowen suggesting it will address “cost of living pressures…













