Tag Archives | carbon tax
toles-carbon-pricing

Costs to reduce pollution cheaper than expected: Grattan Institute

The Grattan Institute has released a report that confirms that costs to reduce pollution, especially carbon pollution, are cheaper than governments anticipate. The report examined six market-based pollution reduction schemes, including the NSW Greenhouse Gas Abatement Scheme, the EU carbon trading scheme and the US sulphur trading scheme. In each case the outcomes diverged significantly [...]

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youwillpay

Exchange rate movements had bigger impact than a carbon price

The rising Australian dollar has had a bigger impact on our economy than an $85 per tonne carbon price. A new Access Economics report says: Exchange rate movements and the introduction of a carbon price are similar to the extent that both have comparable economic impacts and firms are able to adapt to the new [...]

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Explaining cap and trade

Explaining cap and trade

An interesting little video from the creators of the Story of Stuff, this has an explanation of how “cap and trade” (emissions trading) works, and the major pitfalls with the system. Unfortunately, the video is one of those preachy, moralising videos that is full of criticisms but no solutions. The closest it comes is proposing [...]

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