Paying the Price for Carbon Emissions

17/08/2021 29 min Temporada 3 Episodio 20
Paying the Price for Carbon Emissions

Listen "Paying the Price for Carbon Emissions"

Episode Synopsis

The latest Intergovernmental Panel on Climate Change report is yet another warning to decarbonise the economy as soon as possible. To reach net zero, countries are putting a price on carbon emissions through cap and trade schemes or taxation. The EU and US are looking at going one step further by considering additional tariffs on trade partners who lack an emissions trading system through border adjustment mechanisms. The Australian government is hostile towards emissions targets, let alone carbon pricing. So will we continue to hold out against meaningful change or will we be forced to take action in order to keep up with our trading partners?

Guests:

Bob Carr, former Foreign Minister and Industry Professor of Climate and Business at UTS

Nicki Hutley, economist and councilor to the Climate Council