Publications

Two issues in carbon pricing: timing and competitiveness

Professor Warwick McKibbin , David Pearce

Summary

This Working Paper in International Economics by David Pearce and Warwick McKibbin explores two issues that have emerged in recent policy discussions on the need for price signals to encourage efficient abatement of greenhouse gases.

The first is the question of the timing of a price signal, in particular whether the signal should be introduced 'early', or whether it would be more appropriate to first subsidise R&D — and so lower the cost of abatement — before introducing a price signal. The second question is whether, and how, Australia could 'compensate' for trade effects (or a loss of 'competitiveness' that could be experienced by particular industries) if Australia did introduce a significant carbon price signal before such a signal was introduced by our trading partners.

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Peace with illusions
It would be dull to join the already large chorus of commentators predicting failure for the latest round of Israeli-Palestinian peacemaking, launched this week in Washington. Assuming that...Read more

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The 2010 Lowy Institute Poll

The sixth annual Lowy Institute Poll surveys Australian public opinion on a range of foreign policy issues. New questions this year cover the Rudd Government’s handling of foreign policy issues during its first term in office, whether Australia should develop nuclear weapons, attitudes towards Indonesia and US power, sanctions against Fiji and the morality of Australia’s foreign policy.

The Poll also repeated questions asked in previous years, revealing trends in public opinion on topics such as climate change, Australia’s military involvement in Afghanistan, and attitudes towards the United States and China.

A panel discussion about the poll can be heard here:
The 2010 Lowy Institute Poll - MP3 (23MB)Download item (1.3MB)

Power and choice: Asian security futures

Recent events in the seas off South Korea and Japan emphasise the fragility of Asia’s security order and the strains the region’s changing power distribution are placing on it. A new major Lowy Institute Asia Security Project report, 'Power and Choice: Asian Security Futures', analyses the likely security futures for Asia and Australia and recommends steps countries should take to ensure growing regional competition does not lead to conflict. This report was made possible by the generous support for the Project by the MacArthur Foundation.

A copy of the report, launched by Dennis Richardson, AO, the Secretary of the Department of Foreign Affairs and Trade on 1 June, can be downloaded here.Download item (6.5MB)