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Beyond the ‘Double Dividend’: Modelling the impacts of deep cuts in Australian greenhouse gas emissions AgEcon
Hatfield-Dodds, Steve; Adams, Philip D..
Australian economic modelling of policy options to reduce greenhouse gas emissions has to date given little attention to (i) crafting policy scenarios that use emissions revenues to target significant existing tax distortions, (ii) quantifying the effects of policy on the price and affordability of energy products, and (iii) communicating policy impacts on living standards relative to current levels, as well as relative to future levels in the reference case. Building on modelling undertaken for the Australian Business Roundtable on Climate Change -– which found that real consumption and income continue to grow strongly with emission reductions -– we find that smart tax reform could significantly reduce the economic impact of emissions reductions,...
Tipo: Conference Paper or Presentation Palavras-chave: Greenhouse policy; Double dividend; Equity; Adaptive governance; Environmental Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/10381
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Greenhouse Gas Abatement Policies and the Value of Carbon Sinks: Do Grazing and Cropping Systems have Different Destinies? AgEcon
Flugge, Felicity; Schilizzi, Steven.
The impact of two greenhouse gas abatement policies on two Mediterranean-type farming systems, grazing dominant and cropping dominant, is examined. The policies analysed are; an emissions taxation policy and an emissions restrictions policy. For both farming systems the restriction policy is found to be more effective and economically efficient than the carbon permit policy. Absolute cost of abatement is less for the livestock dominant system but relative cost is greater, because of lower total farm profits. The analysis found that at predicted emissions permit prices, trees, if credited as a carbon sink, would be adopted by both farming systems to offset farm greenhouse gas emissions.
Tipo: Conference Paper or Presentation Palavras-chave: Greenhouse policy; Whole-farm modelling; Carbon sinks; Environmental Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/57865
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