Labor's back in the climate conversation, but scant on detail

Labor has announced the climate policy it will take to the federal election, including a return to carbon pricing under an emissions trading scheme.

The detailed policy includes multiple market-based mechanisms. Among these are an emissions trading scheme, a domestic electricity cap-and-trade scheme, and a mechanism to close brown coal power stations. The package would also increase investment in renewable energy, instigate a major review of the electricity sector, tighten vehicle emissions standards and create a “trigger” to account for climate change in land-clearing.

Climate policy is the football of Australian politics. So as the election campaign ramps up, grab your popcorn and settle in for the showdown.

Read the piece on The Conversation by a Researcher in Energy Economics and Management Group from the Global Change Institute at The University of Queensland, Lynette Molyneaux, the Professor of Economics from The University of Queensland, John Foster, and the Deputy Director, Global Change Institute at The University of Queensland, Karen Hussey - “Labor’s climate policy: back in the game but missing detail.”