Energy
Economics & Deregulation / Energy
Energy is a vital area of the Australian economy, but it is constantly threatened by regulation and taxation. The Institute of Public Affairs examines the regulatory framework governing the energy sector and shows how deregulation can ensure that firms are given every opportunity to operate efficiently and that consumers receive the full benefits of a deregulated energy market. Environmental policies are also likely to challenge the vitality of this important sector.
The IPA also runs the Energy Forum, which brings together firms in the electricity and gas supply industry, all of which share a common view that privatisation and minimal levels of regulation will best serve the community. It provides a platform on which major industry leaders can test their views and subject them to informed criticism. Energy Forum papers are available here. For more information about the Energy Forum, please contact Alan Moran.
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News
Heading backwards with power generation
Thirteen years ago the Kennett government's sale of Victoria's generators raised $10 billion (about $14 billion in today's money). Now, the NSW...
Lack of Global Agreement Offers a Chance to Cut Our Losses
Most politicians across the world recognise that measures to reduce CO2 emissions impose costs on their economies, whether they employ a carbon...
Rivalries keep the market buzzing
First Data, Finland's highly regarded retail energy markets authority, rates Victoria as the world's most competitive energy market. Victoria was...
Don't expect too much down Mexico way
It has been said that Copenhagen was all about attitudes and aspirations and the meeting this year in Mexico City will be about results. But...
Too much pain, too little to gain
The government says its emissions trading scheme tax will bring no risk to the economy. Indeed, Kevin Rudd constantly harps about savings of 15 per...
Carbon emissions tax will choke economy
Greenhouse issues are dominating the economic debate. Most people want to protect the environment and have been told that the tax from the...
Publications
Submission to the Queensland Government on its Proposed Gas Reservation Policy
Queensland's reserves of Coal Seam Gas (CSG) are a major asset. Development of the gas may have been assisted by regulations that require 13/15 per cent of electricity in the state to be generated by gas. Some deposits may also benefit from a...
The Costs to Australia of Renewable Energy
There can be few other cases in the history of modern economies where governments have taken action deliberately to increase the costs of production in their economies on the scale being contemplated with the Renewable Energy proposal. I n the...
Climate Change: China's approach
In November 2008, Dr Alan Moran, Director of the IPA's Deregulation Unit travelled overseas to get on-the-spot looks at the international policy climate for global warming mitigation strategies. This second part looks at China. (The first part, on...
