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Figure 3 displays three dimensions which are important determinants of relative competitiveness of individual sectors under climate policy: emission intensity, export exposure and output.
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Looking at asylum seeker policy, emissions reduction and negative gearing, Labor and Liberal are almost indistinguishable.
According to the available modelling, even if Australia spent $88bn from 2014 to 2050 on Direct Action-type policies, emissions would still rise by about 45%.
In the base case (BC) without policies, emissions increase by 65% to 970 Mt CO2 in 2025.
"Overall in the US and Europe emissions from automobiles and power plants have plummeted due to policy and emission controls," says Cooper.
The government has previously attempted but failed to abolish the authority, which is a statutory body that provides independent advice on climate policy including emission reduction targets.
The air quality modelling system Pollutants in the Atmosphere and their Transport over Hong Kong (PATH) has been designed to provide guidance on policy and emission controls in Hong Kong.
Policy-estimated emissions include indirect emissions (ILUC factors) proposed by the EC in 2012 and direct emissions established in the RED and FQD (default values).
Labor had supported carbon pricing since 2007, and would pursue its policy of emissions trading after the election.
An aide says, vaguely, that the government plans a "holistic" approach that covers air, land and water pollution.Canada's policy on emissions has long been a shambles.
As the first President Bush said about his policy of emissions markets for controlling acid rain, markets "harness the creativity and ingenuity of the private sector".
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