This thesis argues the credibility of an Australia ETS depends on design rules that create a fair and orderly carbon market. Most importantly, a fair and orderly market would be one that enshrines a level playing field and is not susceptible to the problems experienced in operational emissions trading schemes and also in financial markets leading up to and throughout the Global Financial Crisis (GFC).
Year Manuscript Completed
Emissions trading; Law and legislation; Carbon offsetting
Primary Language of Manuscript