Ammonia trade and embedded emissions pricing

Presented on August 26, 2021 during the Ammonia Energy Conference 2021 - Australia

Authors Emma Aisbett Australian National University

Download this Presentation Download a PDF version of this presentation.

Abstract

Emissions (carbon) pricing has been theoretically and empirically proven to be the most efficient means of correcting the market failure caused by greenhouse emissions externalities. None-the-less, political constraints have prevented emissions pricing from forming a stable component of Australian climate and energy policy. For export-facing industries such as ammonia, however, emissions pricing in export markets is likely to matter more than Australian policy. In particular, the European Commission is set to propose a carbon-border adjustment mechanism in July 2021. The US is also considering ways of ensuring their industries are not disadvantaged as a result of its substantially ramped up climate goals under the Biden Administration. This presentation will consider the implications for Australian ammonia producers of carbon border adjustment mechanisms in major markets, as well as how Australian Government policy can help producers minimize negative consequences and capture benefits from low-emissions production.

Topics Ammonia Energy Conference Ammonia Markets Certification Regulations

Authors Emma.Aisbett

Madoqua Power2X webinar on Tuesday, November 26

Please join us for this informative webinar. Click here to register and get the details!

Annual Conference highlights industry advancements

It was an exciting three days in New Orleans with 300 attendees from 22 countries participating in our 21st AEA Annual Conference. Thank you to our generous sponsors and to all those who attended the conference. Stay tuned for a recap of the events and sessions. Presentations from all the sessions will be posted shortly.

Featured content

In 2023, AEA reached many milestones. Read about them in our 2023 Annual Report.