This paper argues that the incoming Albanese Government’s 'Powering Australia' plan outlines a path forward to greater climate ambition and emissions reduction for Australia. However, to truly end the 'climate wars' and overcome the political shortsightedness that has paralysed Australian climate policy for over a...
Emissions have increased under Australia’s only climate policy, the Emissions Reduction Fund (ERF). The authors of this paper argue that the ERF requires a comprehensive and independent review to assess its integrity and, most importantly, its role in helping Australia meet its climate targets.
Carbon pricing and COVID-19: policy changes, challenges and design options in OECD and G20 countries
This paper assesses the role of carbon pricing in a sustainable recovery from COVID-19. It tracks the policy changes in carbon pricing within OECD and G20 countries between January 2020 and August 2021 of the COVID-19 pandemic.
This guide provides a user-friendly description of the New Zealand Emissions Trading Scheme's current design features, their rationale, and how they have evolved over time. The guide also includes a series of figures illustrating trends in key data over time.
The Climate Change Authority has commenced public consultation on its review of the assessment principles for international offsets. This consultation paper gives interested parties the opportunity to provide their views on the criteria for accepting offsets for use in Climate Active and Australia’s Indo-Pacific Carbon...
Forests play a vital role in New Zealand’s response to the climate emergency. They are also hugely significant to the economy and to Māori, both culturally and economically. This discussion document seeks feedback on ideas to better manage forests in New Zealand.
Fact Check: Angus Taylor says the carbon tax destroyed one in eight manufacturing jobs. Is he correct?
Angus Taylor, the Minister for Industry, Energy and Emissions Reduction, claimed that Labor’s 2012 carbon tax destroyed one in eight manufacturing jobs, or roughly 12 per cent of the industry. Verdict: Mr Taylor’s claim is wrong.
This paper reviews the literature that discusses the risks of carbon leakage associated with climate policies and their implications for the agricultural sector.
This document examines a range of options for reforming industrial free allocation of tradable emissions units issued by the New Zealand government.
The transport sector is responsible for nearly 20 per cent of Australia’s emissions, and more than 60 per cent of transport emissions are from light vehicles. This report argues that the best policy response would be for the Australian government to introduce an economy-wide emissions...
All G7 members have sharpened their climate and trade policies to consider the use of carbon border adjustments. This paper argues that Australia should lean in, rather than push back, on the development of such a proposal while taking advantage of the opportunities in existing...
Fact Check: Kevin Rudd and Malcolm Turnbull said 70 per cent of our trade is with nations committed to net-zero emissions. Is that correct?
Arguing that Australia may soon face carbon border taxes from its trade partners, former prime ministers Kevin Rudd and Malcolm Turnbull claimed that more than 70 per cent of the nation's trade was with countries committed to achieving net-zero greenhouse gas emissions. Verdict: their claim...
Many countries and subnational jurisdictions are considering putting a price on carbon to help reduce greenhouse gas (GHG) emissions and achieve their climate commitments. The objective of this guide is to help policy-makers build the case for carbon pricing and choose an appropriate carbon pricing...
This paper proposes an innovative two-track system aimed at scaling up voluntary climate action to help Aotearoa New Zealand meet its Paris Agreement targets – or mitigate beyond the targets.
The authors of this report, argue that the European Central Bank (ECB), should adopt low-carbon strategies. They suggest two such strategies in which carbon-intensive bonds are replaced with more climate-friendly bonds. These strategies would significantly reduce the climate footprint of the ECB corporate Quantitative Easing...
In June 2020, the New Zealand Government passed the Climate Change Response (Emissions Trading Reform) Amendment Act 2020 (ETR Act) to reform the architecture of the New Zealand Emissions Trading Scheme (NZ ETS). As a result of the ETR Act, from 1 January 2023, post-1989...
This briefing paper shows that had the Gillard Government’s carbon price remained in place, Australia’s emissions would be 25 million tonnes lower in 2020 and 72 million tonnes lower over the last five years.
In this paper, the authors use a longitudinal dataset for 142 countries to estimate the contribution of carbon pricing to reducing carbon dioxide (CO2) emissions. They employ econometric techniques that control for other relevant factors, including other policies such as feed-in tariffs and renewable portfolio...
The emissions produced from the fossil fuels extracted by Australia’s major gas, coal and oil producing companies, or ‘carbon majors’, are now larger than all of Australia’s domestic emissions. The discussion presented in this report outlines a way of thinking about the moral responsibility of...