A framework for economic analysis of greenhouse abatement options
Economic analysis has been central to the development of greenhouse abatement policy in Australia. Current Australian policy is to remain outside the Kyoto Protocol, while still attempting to meet the emission targets established under the Protocol. Australia’s failure to ratify the Protocol has incurred international criticism; it is therefore appropriate to examine the validity of the economic analysis used to support this policy position. This paper reviews approaches to economic analysis...[Show more]
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