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The Lowy Institute is an independent, nonpartisan international policy think tank located in Sydney, Australia. The Institute provides high-quality research and distinctive perspectives on foreign policy trends shaping Australia and the world. On Soundcloud we host podcasts from our events with high-level guest speakers as well as our own experts. Essential listening for anyone seeking to better understand foreign policy challenges!
July 3rd, 2012
Episode 120 of 421 episodes
Lowy Institute Professorial Fellow and ANU Professor Warwick McKibbon discusses Australia's new carbon tax. Professor McKibbon criticises the value of the tax to Australia and its role in reducing carbon emissions worldwide. Why we need a price on carbon 0:00 How does it work? 0:22 Main features of Australia's carbon pricing system 1:05 Problems with the carbon tax 2:18 Carbon tax and China 5:43 Domestic policy in the international system 6:57 How could it have been done differently? 7:42 A sensible climate change policy 8:32 Domestic impact of carbon pricing 10:55 The Opposition and Direct Action 12:12 International perceptions of the carbon tax 13:15