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Pricing Carbon in Australia : Contestation, the State and Market Failure

By: (Author) Rebecca Pearse

Manufacture on Demand

Ksh 7,900.00

Format: Paperback / Softback

ISBN-10: 0367376822

ISBN-13: 9780367376826

Series: Routledge Advances in Climate Change Research

Publisher: Taylor & Francis Ltd

Imprint: Routledge

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Jul 29th, 2019

Print length: 156 Pages

Weight: 320 grams

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  • Description

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This book examines the ETS in Australia between 2007 and 2015, exploring the underlying contradictions of marketised climate policy. Offering a critique of the political economy of marketised climate policy, the book explores why the hopes for global carbon trading have been dashed.

In the mid-2000s it seemed that the global carbon market would take off and spark the worldwide transition to a profitable low carbon economy. A decade on, the experiment in carbon trading is failing. Carbon market schemes have been plagued by problems and resistance to carbon pricing has come from the political Left and Right. In the Australian case, a national emissions trading scheme (ETS) was dismantled after a long, bitter public debate. The replacement ‘Direct Action Plan’ is also in disrepute.

Pricing Carbon in Australia

examines the rise and fall of the ETS in Australia between 2007 and 2015, exploring the underlying contradictions of marketised climate policy in detail. Through this and other international examples, the book offers a critique of the political economy of marketised climate policy, exploring why the hopes for global carbon trading have been dashed. The Australian case is interpreted in light of a broader legitimation crisis as state strategies for (temporarily) displacing the climate crisis continue to fail. Importantly, in the wake of carbon market failure, alternative agendas for state action are emerging as campaigns for the retrenchment of fossil fuel assets and for just renewable energy transition continue transforming climate politics and policy as we know it.

This book is a valuable resource for practitioners and academics in the fields of environmental policy and politics and social movement studies.


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