Carbon price floor crucial

Date: 05 July 2012

While the political noise around the carbon laws continues, we risk losing sight of the fact that a minimum carbon price floor guards against the policy becoming a toothless tiger in 2015. The government, the Greens and independents agreed to keep the carbon price at or above $15 from 2015 to 2018 to provide some degree of confidence for industry to make low-carbon investments. In the short-term, this avoids the domestic effort being determined by the projected very low price of international offset credits.

Cameron Hepburn Frank Jotzo Erwin Jackson Tony Wood

Economics of Sustainability

Economics of Sustainability

Carbon price floor crucial


Type: paper

Hepburn, C., Jotzo, F., Jackson, E. & Wood, T. (2012). 'Carbon price floor crucial'. Australian Financial Review. Retrieved from: http://www.cameronhepburn.com/research/publications/carbon-price-floor-crucial-to-its-aims-australian-financial-review/


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