The Carbon Challenge

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Bridget Williams Books, 2010 - Emissions trading - 224 pages
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Facing the threat of climate change, the world community has to meet a major challenge: how to limit global emissions at the least possible cost to the welfare of this and future generations. But actual policy implementation throughout the OECD has been slowed by entrenched opposition from emission-intensive sectors of the economy - reducing emissions produces losers as well as winners, and hard choices have to be made. This book charts New Zealand climate-change policy since 1990, focusing on the interface between technical effectiveness and political sustainability. The message is optimistic: New Zealand can make the changes required by Kyoto, at acceptable cost, if political leadership is exercised firmly and impartially.
  

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User Review  - timjones - LibraryThing

A solid and careful examination of the deep flaws in New Zealand's greenhouse gas emissions trading scheme (ETS) and the ways successive Governments have weakened it to the point where it is, in ... Read full review

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Contents

List of Figures and Tables
10
Troubling Vital Statistics
20
List of Figures and Tables
24
How Did We Get Into This Mess?
31
1 New Zealands Changing Kyoto Accounts
37
Casting Illusions Anatomy of the ETS
51
1 Economic Diagram Showing CapandTrade and Carbon
55
Much Ado About Very Little
66
9 Implicit Taxes and Subsidies Relative to Fair Shares
110
Little Red Inconvertible
119
Agricultural Protection Money
136
1 ICF Abatement Cost Curves
140
The Coming Carbon Crunch Beyond 2012
153
1 The Emissions Cliff
155
Where to Now?
175
1 First Four Wedges of Emission Reduction Opportunities
184

1 OrderofMagnitude Changes in CP1 Gross Emissions
70
Let Them Eat Carbon
80
1 Full PolluterPays Scenario for CP1 8384
83
2 How the Cost of the ETS for Various Sectors is Affected
96
Government Gifting of NZUs
188
Index
219
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