The cost of a market solution: Examining the garnaut proposal for emissions trading

Journal of Australian Political Economy

Volumn 66, Issue , 2010, Pages 51-70

  Spies Butcher, Ben ^a  

^a MACQUARIE UNIVERSITY   (Australia)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 79953691855     PISSN: 01565826     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (41)

1. Ackerman, Frank 2002, 'Still dead after all these years: interpreting the failure of general equilibrium theory', Journal of Economic Methodology, 9(2): 119-39.
2. Australian Labor Party 2007, National Platform and Constitution 2007, Australian Labor Party: Canberra.
3. Baldwin, P. (1990), The Politics of Social Solidarity: Class Bases of European Welfare States 1895-1975, Cambridge: Cambridge University Press.
4. Block, F. 1994, 'The roles of the state in the economy', in Smelser & Swedberg (eds), The Handbook of Economic Sociology, New York: Princeton University Press, 691-710.
5. Calabresi, G. 1991, 'The pointlessness of Pareto: carrying Coase further', Yale Law Journal, 100: 1211-1237.
6. Coalition 2007, Australia: Strong, prosperous and secure, Coalition: Canberra, October.
7. Coleman, J. 1979, 'Efficiency, utility and wealth maximization', Hofstra Law Review, 8: 509-551.
8. Colvin, J. 2010, 'Labor's high-speed east coast rail proposal brings vision to election campaign', Australian, August 7.
9. Denniss, R. 2008, 'Household emissions reductions pointless under emissions trading scheme', Media Release, Australia Institute: Canberra, 25 November.
10. Driesen, D.M. 1998, 'Is emissions trading an economic incentive program?: Replacing the command and control/economic incentive dichotomy', Washington and Lee Law Review, 55, 289-350.
11. Driesen D. M. 2010, 'Capping carbon', Environmental Law, 40: 1-51.
12. Esping-Andersen, G. 1990, The Three Worlds of Welfare Capitalism, Polity Press; Cambridge.
13. Farrow 1998, 'Environmental equity and sustainability: rejecting the Kaldor-Hicks criteria', Ecological Economics, 27(2): 183-188.
14. Galbraith, John Kenneth 1987, The Affluent Society, 4 ed. Penguin: Victoria.
15. Garnaut, Ross (2008) The Climate Change Review, Canberra.
16. Gillard, J. 2010, 'Moving forward together on climate change', Transcipt of speech delivered on July 23, available at [http://www.alp.org.au/federal-government/news/speech--julia-gillard,--moving-forward-together-on/].
17. Hamilton, C. 2007, Scorcher: The dirty politics of climate change, Melbourne:
18. Hamilton, C. 2008, 'Politics trumps science in Garnaut report', Crikey.com, 30 September.
19. Harvey, D. 2007, A Brief History of Neoliberalism, Oxford University Press: Oxford.
20. Henry, K. 2010, Australia's Future Tax System: Final Report, Australian Government: Canberra.
21. Kehoe, T. 2003, 'An evaluation of the performance of applied general equilibrium models of the impact of NAFTA', Reserve Bank of Minneapolis Research Department Staff Report 320, Minneapolis, USA.
22. Keohane, N.O., R.L. Revesz & R.N. Stavins 1998, 'The choice of regulatory instruments in environmental policy', Harvard Environmental Law Review, 22: 313-367.
23. Le Grand, J. 1997, 'Knights, knaves or pawns? Human behaviour and social policy', Journal of Social Policy, 26(2), 149-169.
24. Lohmann, L. 2010, 'Uncertainty markets and carbon markets: Variations on Polanyian themes', New Political Economy, 15(2), 225-254.
25. Manne, R. 2010, 'Is neoliberalism finished?', D. McKnight & R. Manne (eds), Goodbye to All That? On the failure of neoliberalism and the urgency of change, Black Inc: Melbourne.
26. Morton, A. 2010, 'Climate Institute at odds with Abbott's carbon copy', Age, July 19.
27. Pearse, G. 2007, High and Dry, Penguin: Sydney.
28. Pierson, P. 1994, Dismantling the Welfare State? Regan, Thatcher and the politics of retrenchment, Cambridge University Press: New York.
29. Polanyi, K. 1944, The Great Transformation, Beacon Press: Boston.
30. Pusey, M. 1990, Economic Rationalism in Caberra: A Nation Building State Changes its Mind, Cambridge: Cambridge University Press.
31. Sandefur, T. 2010, 'Does the state create the market - and should it pursue efficiency?', Harvard Journal of Law and Public Policy, 33: 779-806.
32. Senate Select Committee on Climate Policy 2009, Report: Senate Select Committee on Climate Policy, Commonwealth of Australia: Canberra, June 15.
33. Smith, S. 2001, 'Deregulation and National Competition Policy and its effect on rural and regional Australia', Briefing Paper No 7/01, NSW Parliamentary Library Research Service, NSW Parliament: Sydney.
34. Spash, C. 2010, 'The brave new world of carbon trading', New Political Economy, 15(2), 169-195.
35. Spies-Butcher, B. 2009, 'A third way success? Markets and health insurance in Australia', L. Chester, M. Johnson and P. Kriesler (eds), Heterodox Economics' Visions, Proceedings of Eighth Australian Society of Heterodox Economists Conference, Refereed Papers, Society of Heterodox Economists: Sydney, 302-318.
36. Spies-Butcher, B. and Stilwell, F. 2009, 'From recession to Green Economy', Journal of Australian Political Economy, 63, 108-125.
37. Spratt, D. 2007, 'Carbon taxes or a carbon ration?, Dissent Magazine, 23: 32-37.
38. Stern, Nicholas 2007, The Economics of Climate Change: The Stern Review, Cambridge.
39. The Australian Greenhouse Office 1998, "Emissions Trading and Carbon Credits"
40. White, G. 2009, 'Garnaut: the economic underpinnings', Society of Heterodox Economists 2009 Conference: Refereed papers, UNSW: Sydney.
41. Windsor, C. & P. McNicholas 2009, 'Can the financialized atmosphere be effectively regulated? A critical analysis of the proposed Australian carbon pollution reduction scheme as a complex market solution to global warming', Australasian Conference on Social and Environment Accounting Research (CSEAR 2009), December 2-8, Christchurch.