Prime Ministerial Task Group on Emissions Trading
Encyclopedia
On 10 December 2006, the Australian Prime Minister John Howard
John Howard
John Winston Howard AC, SSI, was the 25th Prime Minister of Australia, from 11 March 1996 to 3 December 2007. He was the second-longest serving Australian Prime Minister after Sir Robert Menzies....

 announced the establishment of the Prime Ministerial Task Group on Emissions Trading
Emissions trading
Emissions trading is a market-based approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants....

. The task group has been tasked with developing an Australian Carbon Trading Scheme and was given the following terms of reference:

"Australia enjoys major competitive advantages through the possession of large reserves of fossil fuels and uranium. In assessing Australia’s further contribution to reducing greenhouse gas emissions, these advantages must be preserved.


Against this background the Task Group will be asked to advise on the nature and design of a workable global emissions trading system in which Australia would be able to participate. The Task Group will advise and report on additional steps that might be taken, in Australia, consistent with the goal of establishing such a system."


The Task Group submitted its final report on 31 May 2007. The proposed scheme has some similarities to the "hybrid scheme" developed by Warwick McKibbin
Warwick McKibbin
Warwick McKibbin is an Australian Professor of Economics at the Australian National University who works across a wide range of areas in applied policy...

.

The Task Group is entirely separate from the National Emissions Trading Taskforce (NETT), an initiative of Australian state and territory governments, which is also investigating the careful design of a national emissions trading scheme (NETS).

Membership

The Task Group members include Dr Peter Shergold, (Chair) Secretary, Department of the Prime Minister and Cabinet; Mr David Borthwick, Secretary, Department of the Environment and Heritage; Mr Peter Coates, Executive Committee Member, Xstrata; Mr Tony Concannon
Managing Director, International Power; Dr Ken Henry, Secretary, The Treasury; Mr Russell Higgins, Non-Executive Director, Australian Pipeline Trust; Ms Margaret Jackson
Margaret Jackson
Margaret Jackson, AC is an Australian corporate executive.Jackson was born in Warragul, Victoria, and studied at Warragul High School. She graduated with a Bachelor of Economics degree from Monash University and a Master of Business Administration from the University of Melbourne...

, Chairman, Qantas; Mr Michael L’Estrange, Secretary, Department of Foreign Affairs and Trade; Mr Chris Lynch, Executive Director, BHP Billiton; Mr John Marlay
John Marlay
John Marlay is the Chief Executive Officer of Alumina Limited, he is also a member of the Australian Prime Ministerial Task Group on Emissions Trading.-Related links:* *...

, Chief Executive Officer, Alumina Limited; Mr Mark Paterson, Secretary, Department of Industry, Tourism and Resources; Mr John Stewart, Managing Director, National Australia Bank.

See also

  • Carbon emissions trading
  • Politics of global warming
    Politics of global warming
    The politics of global warming have involved corporate lobbying, funding of special interest groups and public relations campaigns by the oil and coal industries which have affected policy decisions and legislation worldwide...

  • Economics of global warming
    Economics of global warming
    -Definitions:In this article, the phrase “climate change” is used to describe a change in the climate, measured in terms of its statistical properties, e.g., the global mean surface temperature. In this context, “climate” is taken to mean the average weather. Climate can change over period of time...

  • Mitigation of global warming
    Mitigation of global warming
    Climate change mitigation is action to decrease the intensity of radiative forcing in order to reduce the potential effects of global warming. Mitigation is distinguished from adaptation to global warming, which involves acting to tolerate the effects of global warming...

  • Greenhouse Mafia
    Greenhouse Mafia
    Greenhouse Mafia is allegedly the "in house" name used by Australia’s carbon lobby for itself. It was also the title of a program aired by the ABC on the 13 February 2006 episode of its weekly current affairs program Four Corners....


External links

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