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15 June 2009
© Commonwealth of Australia 2009 ISBN 978-1-74229-135-2
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Terms of referenceThe conduct of the inquiryStructure of the report
Climate scienceGreenhouse gas concentrations and future temperaturesEthical and moral dimensions The economics of global climate changeCommittee view on risk managementAustralia's fair and equitable share of global emissions targetsAustralia's targets in the absence of (adequate) global agreementEconomic modellingOther modelling
A cap and trade schemeQualified supportA carbon taxA consumption-based carbon taxThe 'baseline-and-credit' and 'emissions intensity' modelsThe McKibbin hybrid modelRegulation and incentives—ad-hoc approachesPurchasing global permitsSummaryCommittee view
Coverage of the schemeThe timing of the CPRSThe mechanism of setting capsCarbon leakage and arguments for assistance for trade-exposed firmsAdditional assistance to the coal mining industryAssistance to electricity generatorsTreatment of voluntary/additional emission reductionsOther design flawsThe interim price ceilingAdequacy of assistance to householdsImplications for jobsInternational linkages
Impact of a cap and trade approachCriteria for selecting complementary measuresReducing demand for energyTransition to less polluting technologiesSequestration
AgricultureCommittee commentReforestationCommittee commentDeforestationCommittee commentSoil carbonCommittee commentCarbon accountingCommittee comment
About the inquirySummary of Government Senators' positionAustralia needs to act on climate changeDeferral of action and claims of unilateralismOur targets are realistic and attainableWhy we support the Carbon Pollution Reduction SchemeThe scheme will not damage the Australian economyClimate policy and employmentThe economic implications of not passing the CPRSAppendix: Domestic Climate Change Policies of Major Economies[23]BrazilCanadaChinaEuropean UnionThe EU Emissions Trading Scheme (EU ETS)FranceGermanyIndiaIndonesiaItalyJapanRepublic of KoreaMexicoRussiaSouth AfricaUnited KingdomUnited StatesState-based ETS
Introduction1. Qualification—Chapter 2—Analysis of scientific views2. Treasury Modelling 3. Impact on Western Australia4. Renewable Energy Target 5. Agriculture and Land use6. Conclusion
Background: nature of the problem that we are trying to solveWhat are the policy issues that should govern the design of a carbon pollution reduction programme?Critique of the CPRS and government approachCommentary on the complexity of the CPRSAlternative approaches – an intensity-based approachReduction, Adaptation & Mitigation Concluding observationsRecommendations
Canberra, Wednesday 15 APRIL 2009Canberra, Thursday 16 APRIL 2009Perth, Monday 20 APRIL 2009Sydney, Tuesday 21 APRIL 2009Hobart, Thursday 23 APRIL 2009Brisbane, Tuesday 28 APRIL 2009Canberra, Thursday 30 APRIL 2009Canberra, Friday 1 MAY 2009Canberra, Wednesday 20 MAY 2009
Committee Secretary Senate Select Committee on Climate Policy PO Box 6100 Parliament House Canberra ACT 2600 Australia Phone: +61 2 6277 3540 Fax: +61 2 6277 5719 Email: climate.sen@aph.gov.au
Committee Secretary Senate Select Committee on Climate Policy PO Box 6100 Parliament House Canberra ACT 2600 Australia
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