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National Greenhouse Strategy

Industry Commission submission

This submission was released in April 1997 and was a response to a Discussion Paper, Future directions for Australia’s national greenhouse strategy, released by the Intergovernmental Committee on Ecologically Sustainable Development (ICESD) in March 1997.

The ICESD called for comments on the principles and proposed greenhouse response measures contained in the Discussion Paper and on the strategic issues underpinning Australia’s response to climate change.

The submission comments on the efficacy of 'no regrets' policies as a greenhouse response option and highlights the significance of economic instruments as a long term policy tool to reduce greenhouse gas emissions.

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Contents

Preliminaries
Cover, Copyright, Contents, Abbreviations, Summary

1   Introduction
1.1   Why is the Commission making a submission?
1.2   Approach taken in this submission

2   Snapshot of domestic greenhouse reponse
2.1   The 1992 National Greenhouse Response Strategy
2.2   Greenhouse 21C

3   What can be achieved using 'no regrets' measures
3.1   Role of cooperative agreements
3.2   Impact of 'no regrets' energy efficiency gains
3.3   The expansionary impact of energy efficiency gains

4   Role of economic instruments
4.1   The choice of economic instrument
4.2   Key considerations in establishing a tradable permit scheme
4.3   Towards an operational tradable permit scheme

5   Areas for further study

References

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