Public Policy for a Low Carbon Economy

ACT Climate Change Council

Jemma Williams

July 2011• The carbon budget for the 40 years

to 2050 is 565Gt CO2

• All of the proven reserves owned by private and public companies and governments are equivalent to 2,795Gt CO2

• Only 20% of the total reserves can be burned unabated, leaving up to

80% of assets technically unburnable

http://www.carbontracker.org/wp-content/uploads/downloads/2012/08/Unburnable-Carbon-Full1.pdf

Research Focus• The research analyses the

implementations pathways of the renewable energy initiatives in the clean energy future plan

• and discusses implications of these findings for future policy making in this domain.

“So the Clean Energy Package … it’s a small first step [but] nowhere near enough to be an adequate response to what the science demands.

… But at least it has initiated the process and has some small but significant impact.”

Clive Hamilton

Climate Change Authority

@jemmavwilliams

slideshare.net/jemmavwilliams