The paper 'Climate Change Policy in Australia - Carbon Tax and Direct Action Plan" is a great example of a macro and microeconomics case study. Climate change is an aspect that has greatly been experienced in different parts of the world. The effects are however felt differently depending on the extent. Climate change can simply be defined as the phenomena of a changing climate that is as a result of human actions or activities. Some of the common observations of climate change include changes in precipitation and temperature as well as a rise in sea level, ocean acidification and extreme weather events.
There are various causes of climate change. Some of them include human influences, plate tectonics, volcanism, solar output, orbit variations, life and ocean-atmosphere variability among others. Climate change is associated with a number of negative effects on the environment and society at large. The greenhouse effect is one of the major effects, which happens naturally as a result of some gases in the air that in one way or the other absorbs infrared radiation. Some of the gases involved are methane, water vapour and carbon dioxide (Adger, Barnett, Brown, Marshall and O'brien, 2013, p.
113). For this reason, there have been various intervention and mitigation strategies put in place as a way of dealing with the effects of climate change. This includes policies dedicated to the same. This piece of paper will give an in-depth discussion of the concept of climate change in Australia and different aspects associated with it. Nonetheless, much emphasis will be placed on the climate change policies that have been implemented with the aim of curbing the effects of climate change such as greenhouse emissions.
In particular, the Carbon Tax and Direct Action Plan will be evaluated and the best policy alternative identified. In addition, an alternative policy to the Carbon Tax and Direct Action Plan will be identified and discussed. Climate change policy in Australia Impacts of climate change on Australia are real. They include a decline in agricultural production, loss of marine biodiversity, heightened acidity and ocean temperature, extinction of species and decline in international trade. There is also food insecurity, geopolitical instability, infectious illnesses as a result of severe weather, allergens and air pollution among others (Tranter, 2010, p.
414). As a result of the adverse effects of climate change in Australia, various interventions have been sought from time to time. For instance, in 2003, the greenhouse gas reduction scheme was introduced by the New South Wales government (Gupta, 2010, p. 648). The Rudd government also tried to implement the carbon pollution reduction scheme in 2008. The idea of the carbon tax was brought forth in 2011 by the labour government after which the Emission Reduction Fund replaced it in 2014 (Andre, Kaidonis and Andrew, 2010, p. 614).
Other efforts to deal with the problems have also been considered with the aim of coming up with an effective solution to the effects of climate change. For the sake of this assignment, Tax and Direct Action Plan will be discussed in detail. An alternative policy will also be highlighted. Carbon Tax and Direct Action Plan According to Bulkeley and Betsill (2013, p. 137), climate change is an aspect that has been greatly felt in Australia. This is an aspect that has made various stakeholders feel the need of taking necessary actions towards the same with an aim of safeguarding the environment and making the situation better to not only the current but also the future generations.
Some of the plans that have been implemented with the aim of mitigating greenhouse gas emissions and managing the staid environmental challenge of climate change in Australia include Carbon Tax and Direct Action Plan.
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