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This paper investigates three pathways by which Australia could export zero-carbon energy and products: direct exports of renewable electricity via sub-sea cables, exports of zero-carbon fuels (such as green hydrogen), and the export of 'green' metals processed from Australian ores using renewable energy.
Water is a classic common pool resource, especially during drought. This paper studies the impact of changing storage levels on urban water usage in the context of a prolonged drought and an extensive public information campaign which emphasized communal responsibility for maintaining ‘dam levels’. We...
This paper argues that voluntary conservation significantly affects water usage. Demand management has been of interest in dry climates such as Australia, Spain and the Western United States for decades. It is particularly important to understand policy options during drought conditions, as drought periods have...
An adversarial game is used to model the amount of influence a firm has over a government regulator, and its equilibrium level of regulation, as a function of firm fundamentals. The effective influence of a firm is identified as comprising both intrinsic and exerted components...
International investment agreements in bilateral treaties or free trade agreements allow investors to bring compensation claims when their investments are hurt by new regulations addressing environmental or other social concerns. Compensation rules such as expropriation clauses in international treaties help solve post-investment moral hazard problems...