Skip to main content
SpringerLink
Log in

Driving Down Emissions: The Role of Carbon Pricing

  • Chapter
  • First Online:
Energy in Australia

Part of the book series: SpringerBriefs in Energy ((ENERGYANALYS))

  • 1527 Accesses

Abstract

Much of the discussion of climate change rests on the assumption that excess carbon dioxide emissions are a consequence of a market failure. Since the long-run costs of climate change are not built into the price of fossil fuels, the assumed solution is to internalize the costs of carbon. Indeed within the international policy community, carbon pricing is the favoured policy of neoclassical economists (e.g. Garnaut, Stern) and dominates policy discussions (Geels 2012).

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
eBook
USD 16.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 16.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Andersen SM. Europe’s experience with carbon-energy taxation. SAPI EN S Surv Perspect Integrating Environ Soc. 2010;3.2.

    Google Scholar 

  • Alcott B. Impact caps: why population, affluence and technology strategies should be abandoned. J Cleaner Prod. 2009;18:552–60.

    Article  Google Scholar 

  • Australian Government. Strong growth, low pollution: modelling a carbon price. Commonwealth of Australia, Canberra, ACT; 2012.

    Google Scholar 

  • Australian Productivity Commission. Carbon emission policies in key economies. Canberra: Productivity Commission; 2011.

    Google Scholar 

  • Australian PV Association (APVA). APVA Response to PV Costs and Abatement in the Productivity Commission Research Report: Carbon Emission Policies in Key Countries. APVA, Liberty Grove, Australia; 2011.

    Google Scholar 

  • Brander M, Sood A, Wylie C, Haughton A, Lovell J. Electr-specif emission factors grid electricity. Ecometrica. 4–8. 2011.

    Google Scholar 

  • Department of Industry Innovation Climate Change Science Research and Tertiary Education. National Greenhouse and Energy Reporting System: Technical Guidelines for the estimation by faciliities in Australia; Canberra, ACT, 2013.

    Google Scholar 

  • Ellerman AD, Dubroeucq F. Sources of emission reductions: evidence for US SO2 emissions 1985–2002. 2004.

    Google Scholar 

  • Ergas H. Policy forum: Designing a carbon price policy: using market based mechanisms for emission abatement: are the assumptions plausible? Aust Econ Rev. 2012;45(1):86–95.

    Article  Google Scholar 

  • European Commission. Renewable Energy: action plans and forecasts. 2013. Available online: http://ec.europa.eu/energy/renewables/action_plan_en.html. Accessed 1 Jan 2013.

  • Geels FW. A socio-technical analysis of low-carbon transitions: introducing the multi-level perspective into transport studies. J Transp Geogr. 2012;24:471–82.

    Article  Google Scholar 

  • Hanemann M. The role of emissions trading in domestic climate policy. Energy J. 2009;30(2):73–108.

    Google Scholar 

  • Harrington P. ABC Background Briefing; Energy efficiency: Not in Australia mate! ABC Radio National. 2012. Available online: http://www.abc.net.au/radionational/programs/backgroundbriefing/2012-04-08/3930648. Accessed 1 Jan 2013.

  • Inhaber H. Why wind power does not deliver the expected emissions reductions. Renew Sustain Energy Rev. 2011;15(6):2557–62.

    Article  Google Scholar 

  • Lohmann L, Hällström N, Österbergh R, Nordberg O. Carbon trading: a critical conversation on climate change, privatisation and power. Uppsala: Dag Hammarskjöld Foundation, 2006.

    Google Scholar 

  • Lovins A. Energy strategy: the road not taken? Foreign Aff. 1976; 55:5–15.

    Google Scholar 

  • Macintosh A. The Australia clause and REDD: a cautionary tale. Climatic Change. 2012;112(2):169–88.

    Article  Google Scholar 

  • MacKenzie D. Rear Vision: Carbon emissions trading: a way forward or the Emperor’s new clothes? ABC Radio National. 2009. Available online: http://www.abc.net.au/radionational/programs/rearvision/carbon-emissions-trading-a-way-forward-or-the/3168000. Accessed 1 Jan 2013.

  • Mankiw NG. Smart taxes: an open invitation to join the pigou club. East Econ J. 2009;35(1):14–23.

    Article  Google Scholar 

  • Marcantonini C. Ellerman AD. The cost of abating CO2 emissions by renewable energy incentives in Germany. 2013.

    Google Scholar 

  • McKibbin W, Wilcoxen P. Managing price and why a hybrid policy is better for Australia. Committee for Economic Development of Australia, Melbourne, Australia; 2007.

    Google Scholar 

  • Montgomery WD, Smith AE. Price, quantity, and technology strategies for climate change policy. Human Induced Climate Change: An Interdisciplinary Assessment; 2007.

    Google Scholar 

  • Neumayer E, Barthel F. Normalizing economic loss from natural disasters: a global analysis. Glob Environ Change. 2011;21(1):13–24.

    Article  Google Scholar 

  • Nordhaus WD. A question of balance: Weighing the options on global warming policies. New Haven: Yale University Press; 2008.

    Google Scholar 

  • Nordhaus WD. A review of the “Stern review on the economics of climate change”. J Econ Lit. 2007;686–702.

    Google Scholar 

  • Palmer G. Household solar photovoltaics: supplier of marginal abatement, or primary source of low-emission power? Sustainability. 2013;5(4):1406–42.

    Article  MathSciNet  Google Scholar 

  • Simmons KM, Sutter D, Pielke R. Normalized tornado damage in the United States: 1950–2011. Environ Hazards. 2013;12(2):132–47.

    Article  Google Scholar 

  • Smil V. Global material cycles. Encyclopedia of Earth; 2007.

    Google Scholar 

  • Tol RSJ. Leviathan carbon taxes in the short run. Climatic Change. 2012;114(2):409–15.

    Article  Google Scholar 

  • UK Department of Energy & Climate Change. Electricity market reform: capacity market design and implementation update, annex C; 2012.

    Google Scholar 

  • United Nations Development Program. Human Development Index (HDI). Available online: http://hdr.undp.org/en/statistics/hdi/. Accessed 1 Jan 2013.

  • Weber CL, Peters GP, Guan D, Hubacek K. The contribution of Chinese exports to climate change. Energ Policy. 2008;36(9):3572–7.

    Article  Google Scholar 

  • Wood T, Edis T. No easy choices: which way for Australia’s energy future?. Melbourne: Grattan Institute; 2011.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Paltech Corporation, Knoxfield, VIC, Australia

    Graham Palmer

Authors
  1. Graham Palmer
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Graham Palmer .

Rights and permissions

Reprints and permissions

Copyright information

© 2014 Graham Palmer

About this chapter

Cite this chapter

Palmer, G. (2014). Driving Down Emissions: The Role of Carbon Pricing. In: Energy in Australia. SpringerBriefs in Energy(). Springer, Cham. https://doi.org/10.1007/978-3-319-02940-5_6

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-02940-5_6

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-02939-9

  • Online ISBN: 978-3-319-02940-5

  • eBook Packages: EnergyEnergy (R0)

Publish with us

Policies and ethics

Search

Navigation