Policy Uncertainty about Australia's Carbon Price: Expert Survey Results and Implications for Investment
Australia's carbon-pricing policy remains in doubt due to a lack of bipartisan political support. A survey of Australian-based carbon-pricing experts demonstrates profound policy uncertainty: 40 per cent of respondents expect the current carbon-pricing mechanism to be repealed, but 80 per cent expect that there will be a carbon price in 2020. The forward price curve is U-shaped and has great variance, with the 60 per cent confidence interval spanning from zero to A$25/t in 2020. Carbon policy...[Show more]
|Collections||ANU Research Publications|
|Source:||The Australian Economic Review|
|01_Jotzo_Policy_Uncertainty_about_2012.pdf||755.07 kB||Adobe PDF||Request a copy|
Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.