Transforming Australian Energy Policy
Article from: OGEL 3 (2012), in OGEL Ten Years Special Issue: Internationalisation of Energy Law
In 2011, Australia announced a controversial new climate policy to take effect from mid-2012. It fixed the initial price of carbon at A$23/tonne before switching to an emissions trading scheme after 3 years. In the wake of the new climate policy, Australia is undergoing a comprehensive reappraisal of its energy policy as well. A Draft Energy White Paper has been circulated by the government. This article by Australian energy lawyer Robert Pritchard questions the theoretical underpinnings of the climate policy and draws a number of conclusions for Australian energy ...