On the way out: Government revenues from fossil fuels in Australia
نویسندگان
چکیده
Australia is moving from a fossil fuel-dominated energy mix to one that increasingly powered by solar and wind. Fossil fuel exports are also likely decline given their poor compatibility with the net zero emission targets of key trading partners. There potential for variety new carbon products emerge. This paper reviews implications ongoing transition government revenues extraction use discusses policy options in response. It concludes heightens need efficient revenue-raising mechanisms across economy. Among possible reforms, this Australia's corporate income tax be reoriented towards taxation above-normal profits via an allowance equity approach. Other discussed include pricing, electronic road user wider progressive royalties, industry levies as applied agricultural sector, generation revenue co-investments.
منابع مشابه
Hydrogen Production from Fossil Fuels
A review of conventional methods of production of hydrogen from fossil fuels is presented. Some advanced and unconventional methods of production of hydrogen based on fossil fuels are also presented. The general characteristics of the feedstocks used to produce hydrogen are first described. This is followed by the chemistry required to generate hydrogen. Then the chemical process operations and...
متن کاملFrom fossil fuels to renewable energies
This paper describes the model of an industrial society based on fossil fuels whose supply decreases and the society is forced to develop alternative energy sources. It is conceived as an abstract model that captures the basic aspect of such a change, but in a simple and schematic way. Despite this, most of the important dynamics of this problem are included in the model. The results show inter...
متن کاملDoctors call for divestment from fossil fuels.
©2015 8872147 Canada Inc. or its licensors CMAJ, September 22, 2015, 187(13) E403 For a third year in a row, a group of eco-conscious physicians will campaign at the Canadian Medical Association (CMA) General Council Aug. 23–26 for physician associations to divest from fossil fuels and reinvest in renewable energy. The international divest–invest movement, which has been gaining momentum since ...
متن کاملFossil fuels' future.
I AM CHAIR OF THE Board of Directors of the National Organization of Gay and Lesbian Scientists and Technical Professionals (NOGLSTP) that encompasses lesbian, gay, bisexual, transgender, queer, and questioning (LGBTQ) people in science, technology, engineering, and mathematics. On behalf of NOGLSTP, an AAAS affiliate since 1994, I wish to register our indignation with the 11 July cover of Scie...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Australian Journal of Agricultural and Resource Economics
سال: 2023
ISSN: ['1364-985X', '1467-8489']
DOI: https://doi.org/10.1111/1467-8489.12503