TITLE

ACT NOW OR PAY THE PRICE

AUTHOR(S)
Lindhe, Jane
PUB. DATE
November 2008
SOURCE
BRW;11/6/2008, Vol. 30 Issue 44, p19
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that governments around the world may have to pay $610 billion if climate change targets are not met. It mentions that the Australian Treasury department plans to cut emissions by 2020 starting with an emissions trading scheme by 2010. Although the scheme may increase inflation by 2010, bigger fines may be imposed by other countries in the future if requirements are not met.
ACCESSION #
35549264

 

Related Articles

  • BUILDING BLOCKS OF EUROPE'S 20/20/20 PACKAGE.  // ENDS (Environmental Data Services);Jan2009, Issue 408, p40 

    The author reports on the European Union (EU) 20/20/20 climate package. The package's goal is to cut EU greenhouse emissions by 20 percent in 2020, provide 20 percent of the bloc's energy from renewable sources, and cut primary energy use by also 20 percent. According to the European Commission,...

  • Environmental Policy and Tournaments: A Theoretical Formulation with Over-compliance. Nyiwul, Linus // Journal of Energy Technologies & Policy;2013, Vol. 3 Issue 11, p107 

    In this paper the concept of rank-order tournament is illustrated as an incentive mechanism targeting potential over-compliant polluters - those already complying with existing environmental regulations but can further develop the capacity to exceed such regulatory requirements. Employing...

  • Environmental Technology Licensing Under Emission-Equivalent Environmental Taxes and Standards. Ming-Chung Chang; Jin-Li Hu // Open Environmental Journal;2013, Vol. 7, p14 

    We use a two-stage game with an outsider patentee and n homogeneous firms to study the effects of environmental taxes and standards under an equivalent emission on environmental technology licensing behavior. Counter to the intuition, a stricter environmental policy hinders technology licensing...

  • Endogenous Timing in Strategic Environmental Policymaking. Hattori, Keisuke; Kitamura, Takahiro // Environmental & Resource Economics;Jun2013, Vol. 55 Issue 2, p199 

    In this paper, we endogenize the timing of policymaking in a simple two-country model of strategic environmental policy. We consider a timing game in which two policymakers non-cooperatively decide their preferred sequence of moves before setting emission tax rates. We show that whether the...

  • Emissions Trading Scheme. Stranks, Jeremy // A-Z of the Environment;2008, p129 

    Information about emissions trading scheme is presented. It refers to the mechanism for attaining reduction of emissions in a whole economy both in national, regional or global level for the lowest cost. Emissions trading scheme suggests that those who can reduce emissions for the lowest cost...

  • China has the capacity to lead in carbon trading. Wang, Qiang // Nature;1/17/2013, Vol. 493 Issue 7432, p273 

    The author reflects on the progress of the emissions trading scheme in China. He cites the implementation of seven trading trials of the scheme in the country that covers around one-third of energy use, however, he also mentions the challenges and issues associated with the program due to...

  • GREENHOUSE GAS EMISSIONS DOWN 82 PERCENT FROM 1996 BASELINE.  // Environmental Design & Construction;Jun2008, Vol. 11 Issue 6, ps8 

    The article reports on the 82 percent decrease in the net absolute greenhouse gas (GHG) emissions from the 1996 baseline according to Interface Inc. in Atlanta, Georgia. The results show the 45 percent decrease in the total energy intensity in 1996 which are released through the company's...

  • EMISSIONS: ARE WE MISSING THE POINT? Taylor, Ian // Travel Weekly (UK);1/26/2007, p38 

    The article discusses the issue over carbon offsetting in Great Britain. In theory, carbon offsetting allows an individual or business responsible for carbon dioxide emissions produced by flying, driving or heating a building to cancel the impact by paying for a reduction in emissions elsewhere....

  • Optimal emission tax with pre-existing distortions. Pang, Arwin; Shaw, Daigee // Environmental Economics & Policy Studies;Jun2011, Vol. 13 Issue 2, p79 

    In contrast to the previous literature, this paper examines the optimal second-best environmental tax rate in the presence of pre-existing distortions by taxing emissions rather than commodities. First, by extending the general equilibrium model in the literature, we find that the 'Ramsey'...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics