Policy Options to Reduce Greenhouse Gas Emissions
Policy options to reduce greenhouse gas emissions include: a carbon or emissions tax; an emissions trading scheme; regulations; and subsidies. Examples of each and their operation to reduce pollution will be described. The pros and cons of the different options will be assessed.
John Freebairn holds the Ritchie chair in economics at the University of Melbourne. He has degrees from the University of New England and the University of California, Davis. Prior to joining Melbourne in 1996, his preceding career includes university appointments at the ANU, LaTrobe and Monash, and periods with the NSW Department of Agriculture and the Business Council of Australia. John is an applied microeconomist and economic policy analyst with current interests in taxation reform and environmental economics.