Tony Abbott’s Direct Action Plan has been ridiculed by many as expensive and unworkable. One of the primary objections has been that the centrepiece of the policy, the Emissions Reduction Fund, is a baseline-and-credit scheme that will require counterfactual baselines to be set for every participating polluter. The baseline for a given polluter will be an estimate of what its emissions would have been in the absence of the incentive provided through the scheme. Payments to polluters will then be made for any emission reductions below the baseline. This type of scheme is not novel or untested.
Related documents
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
Why maintaining ambition for 1.5°C is critical | Bill Hare
One of the key things about this whole problem is that the only way to solve it is that we need to rapidly reduce and phase out fossil fuels. That can’t wait a decade. We need to be making substantial reductions this decade.
Our crisis of integrity looms in the Pacific
“An Albanese Labor government will restore Australia’s climate leadership, and listen and act on Pacific island warnings of the existential threat of climate change.” Despite a clear election campaign commitment to listen to Pacific Island nations and act on climate change, the Australian government continues to enable and encourage new and expanded fossil fuel projects. When it
Labor’s pledge to depoliticise the public service is undermined by the government only hearing what it wants to hear on climate change
While last year’s robodebt royal commission exposed a shocking lack of ethics among senior ranks of the Australian public service, the systemic condition still largely seems to be regarded as an aberration.