Please use this identifier to cite or link to this item:
https://hdl.handle.net/1959.11/9624
Title: | Delayed Carbon Policy Certainty and Electricity Prices in Australia: A Concise Summary of Subsequent Research | Contributor(s): | Nelson, Timothy (author); Simshauser, Paul (author); Orton, Fiona (author); Kelley, Simon (author) | Publication Date: | 2012 | DOI: | 10.1111/j.1759-3441.2011.00161.x | Handle Link: | https://hdl.handle.net/1959.11/9624 | Abstract: | In this brief update on analysing the economic costs associated with carbon policy uncertainty, we outline the public policy processes commenced by the Commonwealth Government following the publication of Nelson et al. (2010). We also summarise the research completed by other economists testing the hypothesis that there are material economic costs associated with ongoing carbon policy uncertainty. Independent studies by Frontier Economics (2010), Deloitte (2011) and Sinclair Knight Merz (2011) all conclude that climate change policy uncertainty will result in sub-optimal capital investment within the electricity sector. In turn, this sub-optimal investment will manifest itself in unnecessary increases in electricity prices. | Publication Type: | Journal Article | Source of Publication: | Economic Papers, 31(1), p. 132-135 | Publisher: | Wiley-Blackwell Publishing Asia | Place of Publication: | Australia | ISSN: | 1759-3441 0812-0439 |
Fields of Research (FoR) 2008: | 149999 Economics not elsewhere classified 189999 Law and Legal Studies not elsewhere classified |
Fields of Research (FoR) 2020: | 389999 Other economics not elsewhere classified 450599 Aboriginal and Torres Strait Islander peoples, society and community not elsewhere classified |
Socio-Economic Objective (SEO) 2008: | 940405 Law Reform 859999 Energy not elsewhere classified 940299 Government and Politics not elsewhere classified 940204 Public Services Policy Advice and Analysis |
Socio-Economic Objective (SEO) 2020: | 230405 Law reform 230204 Public services policy advice and analysis |
Peer Reviewed: | Yes | HERDC Category Description: | C1 Refereed Article in a Scholarly Journal |
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Appears in Collections: | Journal Article |
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