How Much Abatement Will Australia's Emissions Reduction Fund Buy?

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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Year of publication:	2014-08
Authors:	Clarke, Harry ; Fraser, Iain ; Waschik, Robert
Institutions:	Crawford School of Public Policy, Australian National University
Subject:	carbon tax \| emissions reduction fund \| computable general equilibrium model

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Series:	CCEP Working Papers.
Type of publication:	Book / Working Paper
Classification:	C68 - Computable General Equilibrium Models ; Q48 - Government Policy ; Q52 - Pollution Control Costs; Distributional Effects
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010891021