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 forest land will be classified either as standard post-1989 forest...

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 standards.

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 carbon majors and what they ought to do.

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.