Climate change and the Australian agricultural and resource industries

Ross Garnaut

Australian Journal of Agricultural and Resource Economics, 2010, vol. 54, issue 01, 17

Abstract: There is a limited case for assisting trade-exposed emissions-intensive industries during a transitional period during which Australian resource industries but not all of their major competitors are subject to emissions constraints. There is no case for protecting Australian industry from all adjustment and loss of asset values during the transition. The valid case is analogous to anti-dumping assistance, being confined to the case where weaker emissions constraints elsewhere would force adjustments that would be reversed later. The case for assistance is limited by the effect of others’ weaker emissions constraints on global resource prices.

Keywords: Agricultural and Food Policy; Environmental Economics and Policy; International Relations/Trade (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aareaj:161998

DOI: 10.22004/ag.econ.161998

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