Public lecture to assess impact of carbon prices on climate

Published 14 March 2012

In a public lecture at the University of New England next week, a prominent commentator on economic policy will present a simple framework for assessing the potential effectiveness of price-based mechanisms to reduce greenhouse gas emissions.

Professor John Quiggin’s lecture, titled “Can carbon prices save the global climate?”, will be at 3 pm on Thursday 22 March in UNE’s John Dillon Lecture Theatre.

Professor Quiggin (pictured here), a Federation Fellow in Economics and Political Science at the University of Queensland, is an active contributor to Australian public debate in a wide range of media, and a regular columnist for The Australian Financial Review. His latest book, Zombie Economics: How Dead Ideas Still Walk Among Us, was published by Princeton University Press.

“Economists have long argued for price-based mechanisms, such as carbon taxes or emissions trading schemes, to reduce emissions of greenhouse gases,” he said. “But the delay in reaching agreement on such mechanisms has raised doubts over whether they can achieve adequate reductions in the limited time available.”

He said that, in his talk, he would “present a simple framework in which such questions can be addressed, and consider the merits and limitations of price-based policies and the available alternatives”.

Professor Quiggin holds a PhD degree in Agricultural Economics from UNE. A Fellow of the Econometric Society and the Academy of Social Sciences in Australia, he comments on Australian and world events on his blog:

He is the immediate past president of the Australian Agricultural and Resource Economics Society (AARES). Dr David Hadley, a lecturer in economics at UNE and the current president of the New England Branch of the AARES, predicted that the lecture would be “a very informative – and entertaining – session”.

Co-hosted by the New England Branch of the AARES and UNE’s School of Business, Economics and Public Policy, it will be the John Dillon Memorial Lecture for 2012. This series of annual lectures is in memory of John Dillon AO (1931-2001), foundation Professor of Farm Management – and later Professor of Agricultural Economics and Business Management – at UNE.