emissions trading scheme - Economics Students Society of Australia

emissions trading scheme

A collection of 3 posts

First auction, first success?

First auction, first success?

Last Thursday concluded the first auction of the government’s Emissions Reduction Fund (ERF), the centrepiece of their Direct Action climate policy. It awarded 144 projects from 43 participants to deliver 47 million tonnes of carbon-equivalent abatement over a ten-year period at an average price of $13.95 (Clean Energy

Taxing emissions or trading them? A question for Turnbull

carbon emissions

Taxing emissions or trading them? A question for Turnbull

Discussing the merits and demerits of a tax on carbon dioxide emissions or an Emissions Trading Scheme (ETS) might seem rather passé. However, the debates could soon become fashionable if the Liberal Party of Australia changes its leader to Malcolm Turnbull. If events unfold in a way which will pop

Carbon Leakage 101

Carbon Leakage 101

Australia generates about 1.5% of global greenhouse gas emissions, and is one of the world’s largest polluters on a per capita basis. The contentious Australian Carbon Tax, introduced 1 July 2012, was aimed at reducing greenhouse gas emissions (GHG) in Australia by 5% below 2000 levels by 2020