Handbook

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Unit content:This unit starts with a look at the climate politics, policies and processes that underpin the international efforts to reduce global greenhouse gas (carbon) emissions. It then looks at the main policy and financial instruments used at national level including those of Australia and its major trading partners. It analyses and discusses the relative advantages and disadvantages of national policy and instruments. The unit also looks at the financial instruments and management strategies used to effectively manage carbon emissions at entity level. Students are introduced to the use of marginal abatement cost curves (MACC) and their use in determining carbon management strategy at national and entity level. This leads to how to develop, get buy in for, and communicate an effective carbon management strategy for an entity including a discussion of the relevant standards. The latter part of the unit looks at the standards and methodologies for the generation of carbon offsets and the associated accreditation schemes.