A Practical Solution to a Hard Climate Policy Problem

摘要

A scheme that auctions power contracts to low-emissions technology companies could help Australia transform its electricity sector and meet its long-term climate change targets at the lowest cost, according to Grattan Institute's Energy Program Director, Tony Wood.Launching Grattan's new report, Building the bridge: a practical plan for a low-cost, low-emissions energy future, Mr Wood said that while a carbon price was an essential part of the response to climate change, government needed to take a further step to drive down the cost of low-emissions technologies.