IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v34y2006i1p11-25.html
   My bibliography  Save this article

Some design lessons from market-based greenhouse gas regulation in the restructured Australian electricity industry

Author

Listed:
  • MacGill, Iain
  • Outhred, Hugh
  • Nolles, Karel

Abstract

No abstract is available for this item.

Suggested Citation

  • MacGill, Iain & Outhred, Hugh & Nolles, Karel, 2006. "Some design lessons from market-based greenhouse gas regulation in the restructured Australian electricity industry," Energy Policy, Elsevier, vol. 34(1), pages 11-25, January.
  • Handle: RePEc:eee:enepol:v:34:y:2006:i:1:p:11-25
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301-4215(04)00162-4
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Burtraw, Dallas, 2000. "Innovation Under the Tradable Sulfur Dioxide Emission Permits Program in the U.S. Electricity Sector," RFF Working Paper Series dp-00-38, Resources for the Future.
    2. Morthorst, P. E., 2003. "A green certificate market combined with a liberalised power market," Energy Policy, Elsevier, vol. 31(13), pages 1393-1402, October.
    3. Montgomery, W. David, 1972. "Markets in licenses and efficient pollution control programs," Journal of Economic Theory, Elsevier, vol. 5(3), pages 395-418, December.
    4. Chupka, Marc W., 2003. "Designing Effective Renewable Markets," The Electricity Journal, Elsevier, vol. 16(4), pages 46-57, May.
    5. Sharma, Deepak, 2003. "The multidimensionality of electricity reform--an Australian perspective," Energy Policy, Elsevier, vol. 31(11), pages 1093-1102, September.
    6. A. Denny Ellerman, 1999. "The Next Restructuring: Environmental Regulation," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 141-147.
    7. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    8. James Mitchell, 2002. "England and the Centre," Regional Studies, Taylor & Francis Journals, vol. 36(7), pages 757-765.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jeffrey D. Connor & Darla Hatton MacDonald & Mark Morrison & Andrea Cast, 2009. "Evaluating policy options for managing diffuse source water quality in Lake Taupo, New Zealand," Environment Systems and Decisions, Springer, vol. 29(4), pages 348-359, December.
    2. Valentine, Scott, 2010. "Braking wind in Australia: A critical evaluation of the renewable energy target," Energy Policy, Elsevier, vol. 38(7), pages 3668-3675, July.
    3. Restiani, Phillia & Betz, Regina, 2010. "A Theoretical Model of Optimal Compliance Decisions under Different Penalty Designs in Emissions Trading Markets," Research Reports 107585, Australian National University, Environmental Economics Research Hub.
    4. Forrest, Sam & MacGill, Iain, 2013. "Assessing the impact of wind generation on wholesale prices and generator dispatch in the Australian National Electricity Market," Energy Policy, Elsevier, vol. 59(C), pages 120-132.
    5. Reddy, V. Siva & Kaushik, S.C. & Panwar, N.L., 2013. "Review on power generation scenario of India," Renewable and Sustainable Energy Reviews, Elsevier, vol. 18(C), pages 43-48.
    6. Skoufa, Lucas & Tamaschke, Rick, 2011. "Carbon prices, institutions, technology and electricity generation firms in two Australian states," Energy Policy, Elsevier, vol. 39(5), pages 2606-2614, May.
    7. Paul J. Burke, 2016. "Undermined by Adverse Selection: Australia's Direct Action Abatement Subsidies," Economic Papers, The Economic Society of Australia, vol. 35(3), pages 216-229, September.
    8. MacGill, Iain, 2010. "Electricity market design for facilitating the integration of wind energy: Experience and prospects with the Australian National Electricity Market," Energy Policy, Elsevier, vol. 38(7), pages 3180-3191, July.
    9. Valentine, Scott Victor, 2010. "A STEP toward understanding wind power development policy barriers in advanced economies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(9), pages 2796-2807, December.
    10. Spash, Clive L., 2009. "The Brave New World of Carbon Trading," MPRA Paper 19114, University Library of Munich, Germany.
    11. Balat, Havva, 2008. "Contribution of green energy sources to electrical power production of Turkey: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(6), pages 1652-1666, August.
    12. Sk Noim Uddin & Ros Taplin & Xiaojiang Yu, 2006. "Advancement of renewables in Bangladesh and Thailand: Policy intervention and institutional settings," Natural Resources Forum, Blackwell Publishing, vol. 30(3), pages 177-187, August.
    13. McHenry, Mark, 2009. "Policy options when giving negative externalities market value: Clean energy policymaking and restructuring the Western Australian energy sector," Energy Policy, Elsevier, vol. 37(4), pages 1423-1431, April.
    14. Chang, Chun Ping & Berdiev, Aziz N., 2011. "The political economy of energy regulation in OECD countries," Energy Economics, Elsevier, vol. 33(5), pages 816-825, September.
    15. Simshauser, Paul, 2018. "Garbage can theory and Australia's National Electricity Market: Decarbonisation in a hostile policy environment," Energy Policy, Elsevier, vol. 120(C), pages 697-713.
    16. Clifton, Julian & Boruff, Bryan J., 2010. "Assessing the potential for concentrated solar power development in rural Australia," Energy Policy, Elsevier, vol. 38(9), pages 5272-5280, September.
    17. Foster, John & Wagner, Liam & Liebman, Ariel, 2015. "Modelling the Electricity and Natural Gas Sectors for the Future Grid: Developing Co-Optimisation Platforms for Market Redesign," MPRA Paper 70114, University Library of Munich, Germany.
    18. Nina L. Hall & Ros Taplin, 2007. "Revolution or inch-by-inch? Campaign approaches on climate change by environmental groups," Environment Systems and Decisions, Springer, vol. 27(1), pages 95-107, March.
    19. Pablo del Río, 2007. "The Impact of Market Power on the Functioning of Tradable Green Certificates Schemes," Energy & Environment, , vol. 18(2), pages 207-231, March.
    20. Andrew Reeson, 2009. "Carbon Markets and their Implications for Natural Resource Management in Australia," Socio-Economics and the Environment in Discussion (SEED) Working Paper Series 2009-09, CSIRO Sustainable Ecosystems.
    21. Kann, Shayle, 2009. "Overcoming barriers to wind project finance in Australia," Energy Policy, Elsevier, vol. 37(8), pages 3139-3148, August.
    22. Monir Zaman Mir & Abu Shiraz Rahaman, 2011. "In pursuit of environmental excellence," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 24(7), pages 848-878, September.
    23. Huang, Hui-Fen & Lo, Shang-Lien, 2011. "Review and classify the GHGs-related indicators," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(1), pages 594-602, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Scott Duke Kominers & Alexander Teytelboym & Vincent P Crawford, 2017. "An invitation to market design," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 33(4), pages 541-571.
    2. Stefan Ambec & Paul Lanoie, 2007. "When and Why Does It Pay To Be Green?," CIRANO Working Papers 2007s-20, CIRANO.
    3. Stefan Ambec & Paul Lanoie, 2009. "Performance environnementale et économique de l'entreprise," Economie & Prévision, La Documentation Française, vol. 0(4), pages 71-94.
    4. Assaf Razin & Efraim Sadka & Chi-Wa Yuen, 1999. "An Information-Based Model of Foreign Direct Investment: The Gains from Trade Revisited," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 6(4), pages 579-596, November.
    5. Tisdell, Clem, 2014. "Information Technology's Impacts on Productivity, Welfare and Social Change: Second Version," Economic Theory, Applications and Issues Working Papers 195701, University of Queensland, School of Economics.
    6. Konduru, Srinivasa & Kalaitzandonakes, Nicholas G. & Magnier, Alexandre, 2009. "GMO Testing Strategies and Implications for Trade: A Game Theoretic Approach," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49594, Agricultural and Applied Economics Association.
    7. König, Philipp J. & Pothier, David, 2018. "Safe but fragile: Information acquisition, sponsor support and shadow bank runs," Discussion Papers 15/2018, Deutsche Bundesbank.
    8. Andrea Attar & Thomas Mariotti & François Salanié, 2021. "Entry-Proofness and Discriminatory Pricing under Adverse Selection," American Economic Review, American Economic Association, vol. 111(8), pages 2623-2659, August.
    9. Reynolds, Travis & Kolodinsky, Jane & Murray, Byron, 2012. "Consumer preferences and willingness to pay for compact fluorescent lighting: Policy implications for energy efficiency promotion in Saint Lucia," Energy Policy, Elsevier, vol. 41(C), pages 712-722.
    10. Ginger Zhe Jin & Andrew Kato & John A. List, 2010. "That’S News To Me! Information Revelation In Professional Certification Markets," Economic Inquiry, Western Economic Association International, vol. 48(1), pages 104-122, January.
    11. Frans P. Vries & Nick Hanley, 2016. "Incentive-Based Policy Design for Pollution Control and Biodiversity Conservation: A Review," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 63(4), pages 687-702, April.
    12. Ritu Agarwal & Michelle Dugas & Guodong (Gordon) Gao & P. K. Kannan, 2020. "Emerging technologies and analytics for a new era of value-centered marketing in healthcare," Journal of the Academy of Marketing Science, Springer, vol. 48(1), pages 9-23, January.
    13. Villas-Boas, Sofia B, 2020. "Reduced Form Evidence on Belief Updating Under Asymmetric Information," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt08c456vk, Department of Agricultural & Resource Economics, UC Berkeley.
    14. Yaofeng Fu & Ruokun Huang & Yiran Sheng, 2017. "Labor Contract Law -An Economic View," Papers 1702.03977, arXiv.org.
    15. Ghosh, Suman, 2007. "Job mobility and careers in firms," Labour Economics, Elsevier, vol. 14(3), pages 603-621, June.
    16. Eunsoo Kim & Suyon Kim & Jaehong Lee, 2021. "Do Foreign Investors Affect Carbon Emission Disclosure? Evidence from South Korea," IJERPH, MDPI, vol. 18(19), pages 1-14, September.
    17. Frédéric Gannon & Vincent Touzé, 2006. "Insurance and Optimal Growth," Post-Print halshs-00085181, HAL.
    18. Feser, Daniel & Runst, Petrik, 2015. "Energy efficiency consultants as change agents? Examining the reasons for EECs’ limited success," ifh Working Papers 1 (2015), Volkswirtschaftliches Institut für Mittelstand und Handwerk an der Universität Göttingen (ifh).
    19. Veronica Guerrieri & Robert Shimer, 2018. "Markets with Multidimensional Private Information," American Economic Journal: Microeconomics, American Economic Association, vol. 10(2), pages 250-274, May.
    20. Falk, Armin & Abeler, Johannes & Kosse, Fabian, 2021. "Malleability of preferences for honesty," CEPR Discussion Papers 16164, C.E.P.R. Discussion Papers.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:34:y:2006:i:1:p:11-25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.