How Much Abatement Will Australia's Emissions Reduction Fund Buy?
Vol:
CCEP 1416
Year:
2014
Month:
August
Abstract:
The economic implications for Australia of replacing its carbon tax policy with an Emissions Reduction Fund (ERF) scheme are examined. A computable general equilibrium model is used to show that the budget allocated for the ERF is about 50 per cent of that required to meet Australia’s greenhouse gas abatement commitments.
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