- Title
- A Narrative of Justice
- Creator
- Rudolph, Sven; Aydos, Elena; Lerch, Achim
- Relation
- The Newcastle Law Review Vol. 14, p. 5-29
- Relation
- https://www.newcastle.edu.au/school/newcastle-law-school/research/the-newcastle-law-review
- Publisher
- The University of Newcastle
- Resource Type
- journal article
- Date
- 2019
- Description
- Justice plays an increasingly important role in sustainable development and in climate policy. In order to achieve the 2°C target, mitigation efforts have to be stepped up, while at the same time the implementation is supposed to 'reflect equity'. Carbon markets are still the most promising way to do so at minimum cost. In addition, they are explicitly envisaged in the Paris Agreement, and they have spread across the globe and all governance levels. In Australia, however, the former Carbon Pricing Mechanism was repealed by the Abbott Government in 2014, claiming it to be unfair in many senses. But did this claim really stick to the facts or was it an early case of post-truth politics? Can carbon markets ever be made just? To answer these questions, first, we review normative justice theory and derive justice criteria for carbon market design. Second, we evaluate former and current carbon pricing schemes in Australia based on these criteria. We argue that justice can be fostered by well-designed carbon markets and that early Australian schemes, including the Carbon Pollution Reduction Scheme (CPRS) and the Carbon Pricing Mechanism (CPM), were fairer than the Emission Reduction Fund (ERF) and the Safeguard Mechanism (SM).
- Subject
- justice; narrative; carbon markets; carbon pricing schemes; Australia
- Identifier
- http://hdl.handle.net/1959.13/1446383
- Identifier
- uon:42852
- Identifier
- ISSN:1324-8758
- Language
- eng
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