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Transitioning to a Sustainable Future: The Economics of Zero Emission Policies

This document discusses the importance of good policy in addressing climate change through sustainable practices. It highlights the costs of various energy sources and the economic impacts of carbon pricing, taxes, and trading. The analysis showcases total electricity costs for different energy sources and emphasizes the necessity of effective policy and urban design to achieve a zero-emission future. Citing the Stern Review, it outlines the critical role of science and economics in motivating change and the potential for returns from sustainable land management.

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Transitioning to a Sustainable Future: The Economics of Zero Emission Policies

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  1. Adrian Whitehead Zero Emission Network Climate ChangeGood Policy

  2. Good PolicySmart Energy Use

  3. Renewables and Efficiency

  4. Costs Total Electricity Costs (A$/MWh)‏ Coal 35 (70)‏ Natural Gas 40 Hydro 60 Biomass 60 Nuclear 110+ (Not full life cycle costs)‏ Wind 70-80 Photovoltaic 150 Geothermal 20-40 HDR Geo 40-60 (not proven)‏

  5. Sustainable Future

  6. Good PolicyTransport Orientated Design

  7. Urban Form

  8. Transport Hub

  9. Good PolicyCarbon Price

  10. Taxes, Trading and Offsets

  11. Carbon taxes / trading and native forests First cut of E.regnans old growth release on average 400 t/C per ha return to state $6-7K per ha. With a carbon tax costs would increase by: • $10 a ton = $4K per ha • $25 a ton = $10K per ha • $50 a ton = $20K per ha

  12. Good PolicyImpetus for Change

  13. Why? - science and the risks Source: Largely from Stern Review on the economics of climate change October 2006 Page 195 pdf

  14. What's behind the problem

  15. Adrian Whitehead www.ZeroEmissionNetwork.org.au

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