Carbon Pollution Australia

Carbon Pollution Reduction Scheme (Australia) Lily Mu & Christina Wu Econ HL

Background Info ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Science Behind Carbon Pollution ,[object Object],[object Object],[object Object]

Strategy and Aims ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Scheme Coverage ,[object Object],[object Object],[object Object]

Commitments to Households ,[object Object],[object Object]

Assistance to Business and Workers ,[object Object],[object Object],[object Object],[object Object]

Model – Negative Externality (S)MPC (D)MPB Pp Qp (S)MSC tax Pso Qso Pt (D)MSB Quantity Price Qt Increase in Price Decrease in Quantity

What is the Market Failure? ,[object Object],[object Object],[object Object]

What is the proposed remedy? ,[object Object],[object Object],[object Object],[object Object]

Green Paper ,[object Object],[object Object],[object Object],[object Object]

How does it work? ,[object Object],[object Object],[object Object]

Cap ,[object Object],[object Object],[object Object]

Trade ,[object Object],[object Object]

White Paper ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Does it internalize the externality? ,[object Object],[object Object]

Citation ,[object Object],[object Object],[object Object],[object Object]

Carbon Pollution Australia

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Carbon Pollution Australia