Climate Change (original) (raw)

Academy statement on Australian action needed to address climate change

Statement on the need for a price on greenhouse gas emissions

Principles of Effective Policy Reform: Lessons for Australia’s Climate Change Policy Impasse

The second report from the Academy’s climate change program follows a roundtable discussion in early 2021 in which research and policy experts came together to identify the critical factors that had enabled complex policy reform over the past decades that might be relevant to Australia’s current climate policy impasse.

This volume, edited by Fellows Nicholas Brown and Stephen Dovers includes 10 case studies provided by leading Fellows and policy experts, along with a detailed analysis of themes and implications for climate policy.

Read the volume here.

Efficient, Effective and Fair: Climate Policy in Australia is the first in a series of publications that reflects the Academy’s commitment to develop and advance robust solutions to nationally important issues.

This publication is intended to make the results of the current leading research within the Academy available to encourage engagement in the development of a way forward on climate policy in Australia.

The most efficient, effective and fair policies to reduce emissions will deliver the lowest costs of adjustment and the greatest chance of prospering as a nation during the transition. This can be achieved with smart policy design that combines environmental outcomes with a least cost economic framework.

Putting a price on carbon is a proven and efficient way to reduce emissions and would complement the technology push by allowing the market to find, and pay for, the best value solutions.

Watch presentations by report authors:

The scientific case: Quentin Grafton, Professor of Economics at the Australian National University

The moral case: Garrett Cullity Professor of Philosophy at the Australian National University

Use of the market: Dr Ken Henry AC, Independent Non-Executive Director of the Australian Securities Exchange and former Secretary to Treasury

Principles for action and one way forward: Climate Asset and Liability Mechanism: Warwick McKibbin, Professor of Economics at the Australian National University