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CLIMATE CHANGE ECONOMICS AND POLICY Read: The lecture slides, required readings and revision questions in Module 3. Reflect: Module 3 provides a...
- Compare and contrast the former Labor Government's carbon tax policy with the Coalition Government's Emissions Reduction Fund.
2.Assume you are a senior researcher with the United Nations Framework Convention on Climate Change (UNFCCC). The Head of the research branch has requested a briefing note on the possibility of linking the EU ETS with the NZ ETS. She has asked for precise and concise answer to the following two questions.
a.In two dot points what is the key motivation for linking an ETS?
b.Assume the initial price of carbon is higher in the EU ETS. Do NZ ETS net buyers of emissions permits gain or lose? Do EU ETS net sellers of emissions permits gains or lose? Briefly explain.
Relevant readings:
Post Paris: Australia's climate policy options (working paper) | Grattan Institute
Which nations are most responsible for climate change? | theguardian.com
Towards a global price on carbon: Pathways for linking carbon pricing instruments
State and trends of carbon pricing 2015
