This paper provides a brief commentary on the main economic issues associated with policies to reduce greenhouse gas emissions, including comments on the economic modeling studies that have been prominent in the debate. Economic analysis of proposals to reduce Australia’s greenhouse gas emissions in line with international efforts has focused mainly on the costs of higher prices of carbon-intensive fuels. The benefits of reducing emissions have for the most part been excluded from the economic studies. These benefits take three forms: the longer-term avoided costs of climate change as a result of international efforts; the ancillary benefits of reducing greenhouse gas emissions, especially health improvements due to reduced urban air pollution; and, the short, medium and long-term economic benefits from the development of new industries and technologies.
Throughout the Western world, the changing nature of families has led to a highly charged debate and when commentators talk of how families have changed they usually compare family structures now to those of the 1950s and 1960s. Families are changing, but for reasons far more complex than declining moral values and rising selfish individualism. For the most part parents are engaged in an intense and difficult project of re-inventing family life in a rapidly changing world.
The structure of the tax system can play an important role in either protecting or causing harm to the natural environment. This report examines existing taxes, charges and related incentives that encourage either environmental protection or degradation in each of the areas of transport, stationary energy, land, water, forests and waste. The study also considers international developments that may be of assistance to Australian policy makers.
Against the approximately $1.1 billion contribution koalas make to Australia's tourism industry, this article proposes leveraging enduring international interest in koalas with proposed conservation efforts and koala culls on Kangaroo Island to create a koala hunting industry that would contribute further to the inbound tourism sector.
The industry in Australia and throughout the world is dominated by a handful of multinationals that have obtained highly favourable arrangements from governments. This paper analyses the structure, ownership, energy costs and greenhouse gas emissions of the aluminium smelting industry to examine the likelihood of its relocating offshore and test the consequences, both economic and environmental, of such an outcome.
The 'ageing crisis' is founded on three main assumptions: that older people are a social and economic burden; that population ageing will result in a serious dependency ratio imbalance; and, that there is a close correspondence between the size of the aged population and increased public expenditure. This paper argues that the transition to an older society will be facilitated by promoting the well-documented benefits that accrue in societies that have equitable access for all citizens.
Clive Hamilton and Hal Turton respond critically to some of the recent claims made in bestselling book 'The Skeptical Environmentalist' by Bjorn Lomborg, a Danish statistician who claims to be an environmentalist. They argue that Lomborg's analysis is both too amateur and too simplistic to be taken seriously.
This paper documents the development of the vertical and horizontal integration of the healthcare services sector. It argues that in the Australian context, the private (including the corporate) provision and ownership of health service facilities is more costly than public provision. The paper also demonstrates that, contrary to popular belief, competition does not necessarily benefit the consumer or patient.