Posts Tagged ‘pollution’

Emissions Trading Furphy

Thursday, August 6th, 2009

by Cameron Murray.

Is the Rudd Government’s proposed Carbon Pollution Reduction Scheme (CPRS) the most effective policy for controlling emissions that can be implemented at a national level?  Will it curtail our carbon footprint while minimising the impact on Australian business and households, as the delivery of the Government’s CPRS Green Paper (in July 2008) and White Paper (in December 2008) claims it does? Cameron Murray, an economics graduate of QUT’s Master of Business (Research) program, believes it can.

This brief essay aims to inform the curious onlooker of the theoretical arguments that have informed the political debate over the Rudd government’s proposed CPRS in recent times. There has been a fiery debate over whether the scheme inhibits the ability of households and businesses to take a proactive approach to reducing their own demands on emission producing energy sources.   Cameron Murray disagrees.

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