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By employing a computable general equilibrium (CGE) model with an embedded electricity supply sub-model, this paper reports the effects of a national ETS on the Australian energy sectors.
The Australian Government is committed to addressing climate change while at that same time ensuring we maintain energy security and affordability. The Government recognises that in reducing emissions and meeting our international commitments there are economic impacts to be balanced. Through effective policies, ambitious and...
Some G20 governments have made progress in shifting at least some support away from fossil fuels and increasing their taxation. This working paper has brought together examples illustrating how reforms can be enabled and implemented to align the flows of public money with the Paris...
This report highlights key considerations and sets out how to plan a just transition process in the energy sector. It is aimed at stakeholders in the just transition, including governments, businesses, investors and civil society.
This report argues that, with a well-managed 'just transition', the north of England has the potential to become the new heartland for a low-carbon energy economy.
Key Facts:Electricity emissions contribute a third of Australia’s total greenhouse gas emissions. The Paris Agreement’s 1.5°C limit requires that coal fired electricity be phased out by around 2030 in developed countries including Australia. Coal accounts for 62% of electricity generation in Australia, helping...
This reports aims to assist the Sino-Australian bilateral relationship adapt to meet China’s new carbon emissions policies and to facilitate a smoother transition to a low carbon future.
This report presents a bold future for the Northern Territory - one that is compatible with addressing climate change and the Territory’s need for sustainable economic development.
The review of the Renewable Energy Target (RET), which was announced in February 2014 and continued beyond the end of the year, essentially froze new investment in large-scale renewable energy in Australia last year. According to Bloomberg New Energy Finance, new investment in large-scale projects...
In mid-2015, the Large-scale Renewable Energy Target (LRET) was reduced from 41,000 gigawatt-hours (GWh) to 33,000 GWh by 2020. The positive for the industry was that the amended legislation ended almost two years of uncertainty and frozen investment. The amendment also removed the provision for...