New policies create a new politics: issues of institutional design in climate change policy

Henry Ergas

Australian Journal of Agricultural and Resource Economics, 2010, vol. 54, issue 2, 143-164

Abstract: Institutional design focuses on the task of providing accountability and effective monitoring of decision-making by bodies vested with the coercive powers of the state in a context where information is inherently limited, costly to acquire and asymmetrically distributed. This paper focuses on issues of institutional design in the context of climate change policy. It examines proposals advanced in the June 2008 Draft and Final Reports of the Garnaut Climate Change Review ('Garnaut Reports'), and in the Government's July 2008 Green Paper and December 2008 White Paper on the Carbon Pollution Reduction Scheme ('Green and White Papers') with respect to how revenues raised by the sale of emissions permits would be used; and second, the proposed governance arrangements for the emissions trading scheme. Copyright 2010 The Author. Journal compilation 2010 Australian Agricultural and Resource Economics Society Inc. and Blackwell Publishing Asia Pty Ltd.

Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://hdl.handle.net/10.1111/j.1467-8489.2010.00484.x link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ajarec:v:54:y:2010:i:2:p:143-164

Ordering information: This journal article can be ordered from
http://ordering.onli ... 1111/(ISSN)1467-8489

Access Statistics for this article

Australian Journal of Agricultural and Resource Economics is currently edited by John Rolfe, Lin Crase and John Tisdell

More articles in Australian Journal of Agricultural and Resource Economics from Australian Agricultural and Resource Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().