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 in principle that a price on carbon is desirable. However...

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 and livestock wastes. Key aspects of policies for bioenergy deployment...

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

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".

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 in higher prices to consumers. Simple economics suggests that two...