Dr Jack Pezzey Senior Fellow Fenner School of Environment and Society The Australian National University E: jack.pezzey@anu.edu.au F: (02) 6125 4143

This project's original scope in 2006 was to estimate short and long-run energy price elasticities and the extent of induced innovation in efficiency, hence the above title, but it has since been broadened to cover the economics of greenhouse gas control more generally.  The aim of this project is now to use economic analysis to find ways to lower the overall cost, and increase the overall effectiveness, of policy measures to control Australian greenhouse emissions - particularly the roughly three-quarters of emissions that is CO2 coming from burning fossil fuels - and to communicate these findings to policymakers.  Such research could be directed at any or all of three major market failures: the lack of a natural market for emission control in itself, and hence the need to study emission pricing; the poor functioning of the existing market for innovating lower emission technologies; and the poor functioning of existing markets for energy efficiency.

This project will recruit an academic researcher at level B/C for 2-3 years.  Details are available here.

The project also has one or two PhD top-up scholarships on research, within the same areas as the academic researcher.  These are available for students who have already found a scholarship such as an Australian Postgraduate Award (APA) for their main support.  Details are available here.

Associated researcher:

Frank Jotzo

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