Centre for Applied Macroeconomic Analysis

Rapid global economic growth, particularly in China and India, has important implications for global energy use as well as causing a rapid rise in greenhouse gas emissions with implication for climate change. This program focuses on the importance of energy use and climate change as well as the associated policy responses on the macro-economy. This program focuses on: Methodologies for projecting long term energy use and carbon dioxide emissions; The relationship between macroeconomic performance and energy use; The role of relative prices in energy demand and macroeconomic outcomes; The macroeconomic consequences of alternative energy polices; The macroeconomic consequences of alternative climate change strategies; and The design and impact of alternative emission permit trading systems. Collaborative work in this project is linked to the ANU Climate Change Institute the ANU Energy Change Institute.