Keep Australia's carbon pricing

A plan to keep carbon in check.

Retreating glaciers, stronger hurricanes, hotter summers, thinner polar bears: the ominous harbingers of global warming are driving companies and governments to work toward an unprecedented change in the historical pattern of fossil-fuel use. Faster and faster, year after year for two centuries, human beings have been transferring carbon to the atmosphere from below the surface of the earth. To...

Carbon pricing is a health protection policy.

Carbon pricing on the Russian electricity market

The paper examines the impact of pricing carbon emissions in the Russian electricity supply industry. We …nd that emissions are reduced at any level of the carbon price. Most active fuel switching takes place at the carbon tax of 200...500 Roubles per tonne of CO2; but the e¤ect is uneven by zones. The social surplus turns out to be positive. A special case of a new interconnector "Ural Siberia...

Pricing and hedging in carbon emissions markets

We propose a model for trading in emission allowances in the EU Emission Trading Scheme (ETS). Exploiting an arbitrage relationship we derive the spot prices of carbon allowances given a forward contract whose price is exogenous to the model. The modeling is done under the assumption of no banking of carbon allowances (which is valid during the Phase I of Kyoto protocol), however, we also discu...

Why carbon pricing matters By WBCSD