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Are You Ready to Manage Energy Price Risk?

Check out this post I wrote for Carbontel:

Now that the Federal government has ‘axed the tax’, energy prices should plummet now, right? Actually, reports from Federal Government agencies don’t see it that way. In fact, there are key economic drivers to expect energy prices to rise in the future. In this article, I will explain why energy prices will rise and what you could do to manage or ‘hedge’ energy price risk. (more)

Ross Garnaut: No Link Between Economic Growth and Pollution

Last night I went to see Prof. Ross Garnaut speak on ‘China’s Energy Transition: Effects on Global Climate and Sustainable Development’. Me and Ross go back a long way. Not personally of course, but my career in economics has somehow become enmeshed with his. His report on ‘North Asia’s Economic Ascendancy’ was the first government report I read when I was a callow youth at university. It set out a path for Australia to exploit the economic opportunity of North Asia (i.e. Japan, South Korea, China and Taiwan). It wasn’t about resources, instead he said we should aim to be an exporter of ‘elaborately-transformed manufactures’ – i.e. advanced manufacturing goods that require significant use of Australia’s design expertise and creativity. It was a report that inspired me to think how economics could be used to guide governments. (more…)

Introduction to Barefoot Economist Services

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Barefoot Economic Services is a new type of consulting firm that seeks to develop a long-term relationship with small companies and not-for profits to improve their effectiveness. It seeks to fill a gap in the market that economic consulting firms have ignored. Barefoot Economic Services is of the belief that growth and innovation is greatest amongst smaller firms. We also believe, that collectively, the greatest potential for change and impact will come from small firms.

Barefoot Economic Services’ mission is to help small Australian companies and non-profits to improve their impact. (more…)