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Some design lessons from market-based greenhouse gas regulation in the restructured Australian electricity industry

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  • MacGill, Iain
  • Outhred, Hugh
  • Nolles, Karel

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  • MacGill, Iain & Outhred, Hugh & Nolles, Karel, 2006. "Some design lessons from market-based greenhouse gas regulation in the restructured Australian electricity industry," Energy Policy, Elsevier, vol. 34(1), pages 11-25, January.
    • Handle: RePEc:eee:enepol:v:34:y:2006:i:1:p:11-25
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    1. Burtraw, Dallas, 2000. "Innovation Under the Tradable Sulfur Dioxide Emission Permits Program in the U.S. Electricity Sector," RFF Working Paper Series dp-00-38, Resources for the Future.
    2. Montgomery, W. David, 1972. "Markets in licenses and efficient pollution control programs," Journal of Economic Theory, Elsevier, vol. 5(3), pages 395-418, December.
    3. A. Denny Ellerman, 1999. "The Next Restructuring: Environmental Regulation," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 141-147.
    4. James Mitchell, 2002. "England and the Centre," Regional Studies, Taylor & Francis Journals, vol. 36(7), pages 757-765.
    5. Morthorst, P. E., 2003. "A green certificate market combined with a liberalised power market," Energy Policy, Elsevier, vol. 31(13), pages 1393-1402, October.
    6. Chupka, Marc W., 2003. "Designing Effective Renewable Markets," The Electricity Journal, Elsevier, vol. 16(4), pages 46-57, May.
    7. Sharma, Deepak, 2003. "The multidimensionality of electricity reform--an Australian perspective," Energy Policy, Elsevier, vol. 31(11), pages 1093-1102, September.
    8. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
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    Cited by:

    1. Jeffrey D. Connor & Darla Hatton MacDonald & Mark Morrison & Andrea Cast, 2009. "Evaluating policy options for managing diffuse source water quality in Lake Taupo, New Zealand," Environment Systems and Decisions, Springer, vol. 29(4), pages 348-359, December.
    2. MacGill, Iain, 2010. "Electricity market design for facilitating the integration of wind energy: Experience and prospects with the Australian National Electricity Market," Energy Policy, Elsevier, vol. 38(7), pages 3180-3191, July.
    3. Spash, Clive L., 2009. "The Brave New World of Carbon Trading," MPRA Paper 19114, University Library of Munich, Germany.
    4. Paul J. Burke, 2016. "Undermined by Adverse Selection: Australia's Direct Action Abatement Subsidies," Economic Papers, The Economic Society of Australia, vol. 35(3), pages 216-229, September.
    5. Valentine, Scott, 2010. "Braking wind in Australia: A critical evaluation of the renewable energy target," Energy Policy, Elsevier, vol. 38(7), pages 3668-3675, July.
    6. Forrest, Sam & MacGill, Iain, 2013. "Assessing the impact of wind generation on wholesale prices and generator dispatch in the Australian National Electricity Market," Energy Policy, Elsevier, vol. 59(C), pages 120-132.
    7. Skoufa, Lucas & Tamaschke, Rick, 2011. "Carbon prices, institutions, technology and electricity generation firms in two Australian states," Energy Policy, Elsevier, vol. 39(5), pages 2606-2614, May.
    8. Nina L. Hall & Ros Taplin, 2007. "Revolution or inch-by-inch? Campaign approaches on climate change by environmental groups," Environment Systems and Decisions, Springer, vol. 27(1), pages 95-107, March.
    9. Monir Zaman Mir & Abu Shiraz Rahaman, 2011. "In pursuit of environmental excellence," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 24(7), pages 848-878, September.
    10. Reddy, V. Siva & Kaushik, S.C. & Panwar, N.L., 2013. "Review on power generation scenario of India," Renewable and Sustainable Energy Reviews, Elsevier, vol. 18(C), pages 43-48.
    11. Valentine, Scott Victor, 2010. "A STEP toward understanding wind power development policy barriers in advanced economies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(9), pages 2796-2807, December.
    12. Balat, Havva, 2008. "Contribution of green energy sources to electrical power production of Turkey: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(6), pages 1652-1666, August.
    13. McHenry, Mark, 2009. "Policy options when giving negative externalities market value: Clean energy policymaking and restructuring the Western Australian energy sector," Energy Policy, Elsevier, vol. 37(4), pages 1423-1431, April.
    14. Simshauser, Paul, 2018. "Garbage can theory and Australia's National Electricity Market: Decarbonisation in a hostile policy environment," Energy Policy, Elsevier, vol. 120(C), pages 697-713.
    15. Clifton, Julian & Boruff, Bryan J., 2010. "Assessing the potential for concentrated solar power development in rural Australia," Energy Policy, Elsevier, vol. 38(9), pages 5272-5280, September.
    16. Pablo del Río, 2007. "The Impact of Market Power on the Functioning of Tradable Green Certificates Schemes," Energy & Environment, , vol. 18(2), pages 207-231, March.
    17. Huang, Hui-Fen & Lo, Shang-Lien, 2011. "Review and classify the GHGs-related indicators," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(1), pages 594-602, January.
    18. Restiani, Phillia & Betz, Regina, 2010. "A Theoretical Model of Optimal Compliance Decisions under Different Penalty Designs in Emissions Trading Markets," Research Reports 107585, Australian National University, Environmental Economics Research Hub.
    19. Sk Noim Uddin & Ros Taplin & Xiaojiang Yu, 2006. "Advancement of renewables in Bangladesh and Thailand: Policy intervention and institutional settings," Natural Resources Forum, Blackwell Publishing, vol. 30(3), pages 177-187, August.
    20. Chang, Chun Ping & Berdiev, Aziz N., 2011. "The political economy of energy regulation in OECD countries," Energy Economics, Elsevier, vol. 33(5), pages 816-825, September.
    21. Foster, John & Wagner, Liam & Liebman, Ariel, 2015. "Modelling the Electricity and Natural Gas Sectors for the Future Grid: Developing Co-Optimisation Platforms for Market Redesign," MPRA Paper 70114, University Library of Munich, Germany.
    22. Andrew Reeson, 2009. "Carbon Markets and their Implications for Natural Resource Management in Australia," Socio-Economics and the Environment in Discussion (SEED) Working Paper Series 2009-09, CSIRO Sustainable Ecosystems.
    23. Kann, Shayle, 2009. "Overcoming barriers to wind project finance in Australia," Energy Policy, Elsevier, vol. 37(8), pages 3139-3148, August.

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