Download This PaperHow Much Abatement Will Australia's Emissions Reduction Fund Buy?
Economic Papers: A Journal of Applied Economics and Policy 33.4 (2014): 315-326
CCEP Working Paper 1416, Crawford School of Public Policy, The Australian National University
19 Pages Posted: 20 Feb 2016
Date Written: August 1, 2014
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 Australias greenhouse gas abatement commitments.
Keywords: Carbon tax, emissions reduction fund, computable general equilibrium model
JEL Classification: Q52, Q48, C68
Suggested Citation: Suggested Citation
Clarke, Harry and Fraser, Iain and Waschik, Robert, How Much Abatement Will Australia's Emissions Reduction Fund Buy? (August 1, 2014). Economic Papers: A Journal of Applied Economics and Policy 33.4 (2014): 315-326, CCEP Working Paper 1416, Crawford School of Public Policy, The Australian National University, Available at SSRN: https://ssrn.com/abstract=2734492
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