Regulating Carbon in CanadaTony Beck
Lessons for Canada: Implementation of Australia's Carbon Pricing Mechanism
In this brief, Tony Beck, an expert on Australian carbon markets, looks at the rollout of Australia's carbon pricing scheme, and the impacts of implementation on national and subnational governments, and the private sector.
The Australian model provides an alternate model of carbon mitigation to Canada's mix of regulation and carbon pricing. While the two economies are not mirror images, the robust energy sector in Australia, its lengthy history debating carbon pricing approaches, and its mix of national and subnational climate policy provide a useful parallel reference for Canada.