Carbon pricing

Carbon tax

Briefing paper

Putting a price on carbon: evaluating a carbon price and complementary policies for a 1.5° world

This issues brief seeks to understand the role that a carbon price can play in reaching the type of economic transformation necessary to achieve Paris Agreement goals, in order to maintain global warming well below 2°C and to pursue eforts to limit warming to 1.5°C.

Using carbon revenues

This report provides practical guidance on using carbon revenues by helping policymakers understand the implications, opportunities, and challenges associated with different approaches to carbon revenue use.

Greening construction: the role of carbon pricing

This report examines how to design effective carbon pricing mechanisms (CPMs) for the construction industry. It specifically explores how CPMs can be designed better to more effectively account for emissions from the construction value chain (CVC)
Working paper

Improving economic efficiency and climate mitigation outcomes through international co-ordination on carbon pricing

This paper presents the potential benefits and challenges of enhanced international co-ordination on carbon pricing and outlines the different types and levels of co-ordination that are available for national and sub-national governments. These levels include, inter alia, facilitating new pricing schemes, phasing out inefficient fossil...

The future of UK carbon pricing

This consultation report includes questions relevant to a linked or standalone UK emissions trading system or a tax on carbon.
Briefing paper

Cold shower on economics of global warming

Unless national action is taken to meet the Paris Target to limit global warming to less than 2 degrees, Australia’s GDP faces a hit of an average of $130 billion per year according to this briefing note by The Australia Institute.
Journal article

Carbon pricing of food in Australia: an analysis of the health, environmental and public finance impacts

Climate policies that integrate the price of greenhouse gas emissions into the price of food commodities in Australia are compatible with public health objectives to reduce diet‐related disease mortality.

2017-2018 Carbon Pricing Leadership Coalition Leadership Report

Last year brought highs and lows in the global effort to confront climate change. On one hand, we saw an upsurge in international commitment to action, including deals announced at the extraordinary One Planet Summit that marked two years since the signing of the Paris...

Inclusive growth and climate change adaptation and mitigation in Australia and China: removing barriers to solving wicked problems

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.

Real-world policy packages for sustainable energy transitions

Many countries are embarking on transitions to sustainable energy systems. Others are already well underway. Their transitions will require fundamental and interrelated changes in technologies, fuels, infrastructure, policies, markets and institutions. We provide an initial exploration of the key elements of policy packages for sustainable...
Technical report

Report of the high-level commission on carbon prices

This report concludes that a strong carbon-price is necessary to meet the world’s agreed climate goals in the most cost-effective way while fostering growth.
Discussion paper

From climate pariah to climate saviour? Transforming the petroleum industry

This paper addresses the question: what things can the petroleum industry do in pursuit of its economic interests that will also help to reduce greenhouse gas levels in the atmosphere? The industry has accepted that climate change is real and human-induced, and has even accepted...
Policy report

Policies to enable bioenergy deployment: Key considerations and good practices

Bioenergy is renewable energy generated from biological source materials, and includes electricity, transportation fuels and heating. Source materials are varied types of biomass, including food crops such as corn and sugarcane, non-edible lignocellulosic materials such as agricultural and forestry waste and dedicated crops, and municipal...
Working paper

A dynamic evaluation of the impacts of an Emissions Trading Scheme on the Australian economy and emissions levels

Using an environmentally extended MONASH model and a database containing detailed energy sectors, this paper evaluates the effects of an ETS in Australia.
Fact sheet

Fact Check: Have electricity prices dropped $550 since the carbon tax was abolished?

Treasurer Joe Hockey claims that Treasury documents show "electricity prices have come down $550 per household as a result of us abolishing the carbon tax".

One year on from the carbon price experiment, the rebound in emissions is clear

The immediate effect of the 2012 carbon price was to increase the costs faced by most electricity generators, by an amount that varied between individual power stations depending on that station’s emissions intensity (the emissions per unit of electricity). These costs were then passed on...
Working paper

The Australian energy production facing carbon pricing

Energy production is vital to the Australian economy, but the carbon tax policy introduced in July 2012 triggered substantial fear in the energy sectors.
Working paper

Border adjustments under unilateral carbon pricing: the case of Australian carbon tax

In the absence of a global agreement to reduce emissions, Australia has adopted a carbon taxunilaterally to curb its own emissions.
Fact sheet

Fact Check: Tony Abbott's claim carbon schemes being discarded doesn't check out

Prime Minister Tony Abbott claims emissions trading schemes are being discarded around the world, not adopted.
Fact sheet

Fact Check: Tony Abbott overstating household savings from axing the carbon tax

Prime Minister Tony Abbott claims every Australian household will benefit by $550 a year if the carbon tax is axed.