Image: waiting for a climate change policy.

Introduction

A couple of weeks ago, after I posted “Was it Worth It? The Benefit-Cost of Air Pollution in China“, I was asked by Ecoscore to think about the benefit-cost of Australia procrastinating on a carbon price.

Kudos to @barefootecon #CBA of air pollution in #China CBA of procrastination #carbon price in Australia? http://t.co/0yC5G6u9YA #economics

— Ecoscore (@ecoscore) March 19, 2015

So, using my understanding of Australia’s carbon policy and economics what do I think? Has it been good for Australia? What can the rest of the world learn from Australia?

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