Climate change mitigation in Australia: tax or emissions trading?

The primary question explored by this book is what alternative, carbon tax or emissions trading, would be an optimal policy for climate change mitigation in Australia. This book focuses on assessing carbon tax and emissions trading policy options on the basis of multiple criteria related to climate change policy in the Australian context. Recognising the complexity of the question, the author examines policy approaches capable of addressing the climate change mitigation problem and identifies the methodological approach appropriate to evaluate potential policy options. More specifically, the author determines the criteria necessary for climate change policy evaluation in Australia, ranks performance of the policy options adjacent to the criteria and, finally, evaluates and selects an optimal policy option for climate change mitigation in Australia.