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Policy Uncertainty about Australia's Carbon Price

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dc.contributor.authorJotzo, Franken
dc.contributor.authorJordan, Timen
dc.contributor.authorFabian, Nathanen
dc.date.accessioned2025-03-18T13:24:35Z
dc.date.available2025-03-18T13:24:35Z
dc.date.issued2012en
dc.description.abstractAustralia's carbon-pricing policy remains in doubt due to a lack of bipartisan political support. A survey of Australian-based carbon-pricing experts demonstrates profound policy uncertainty: 40 per cent of respondents expect the current carbon-pricing mechanism to be repealed, but 80 per cent expect that there will be a carbon price in 2020. The forward price curve is U-shaped and has great variance, with the 60 per cent confidence interval spanning from zero to A$25/t in 2020. Carbon policy uncertainty causes large excess costs in Australia's energy sector and may result in delay and diversion of investment.en
dc.description.statustrueen
dc.format.extent15en
dc.identifier.otherresearchoutputwizard:f5625xPUB2014en
dc.identifier.otherScopus:84870030358en
dc.identifier.otherWOS:311436600001en
dc.identifier.urihttps://dspace-test.anu.edu.au/handle/1885/733721474
dc.identifier.urlhttp://www.scopus.com/inward/record.url?scp=84870030358&partnerID=8YFLogxKen
dc.language.isoEnglishen
dc.sourceAustralian Economic Reviewen
dc.titlePolicy Uncertainty about Australia's Carbon Priceen
dc.typeArticleen
local.bibliographicCitation.lastpage409en
local.bibliographicCitation.startpage395en
local.contributor.affiliationJotzo, Frank; Resource Management in Asia-Pacific, Crawford School of Public Policy, ANU College of Law, Governance and Policy, The Australian National Universityen
local.contributor.affiliationJordan, Tim; Deutsche Banken
local.contributor.affiliationFabian, Nathan; Investor Group on Climate Changeen
local.identifier.citationvolume45en
local.identifier.doi10.1111/j.1467-8462.2012.00709.xen
local.identifier.pure0649c11c-e749-4fb4-93b5-a16e99fa933fen
local.type.statusPublisheden

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