John Quiggin named Australian Research Council Federation Fellow for second time in four years, analyses Australia’s options for adapting to effects of climate change

Using economic theory to shed light on major issues — from the drought crisis gripping the Murray-Darling to debate over the Stern climate change report — had earned John Quiggin a top academic accolade, reported Kerrie Sinclair in The Courier Mail (27/9/2007, p.73).

Financial sector acts as institutional arbitrageur as it benefits from other companies’ lack of knowledge of emissions trading

It is the fact that emissions trading has created an open market for emission reductions that discerns it from other forms of envi­ronmental regulation, wrote J Pinkse and A Kolk in European Management Journal (27/9/2007).

Westpac prepares for trading: markets carbon trades to land holders

Westpac’s head of Regional and Agribusiness Banking, Graham Jennings, said the index results showed some farmers were concerned about the cost and land management implications of carbon trading, reported Queensland Country Life (31/8/2007, p.23).

Generation-X to bear brunt of delayed action on climate change; could lose $1,300/yr in super, says Climate Institute report

Workers who were now in their early 40s could lose up to $1,300 in superannuation for each year of their retirement if governments delayed setting meaningful targets for reducing greenhouse gas emissions, new modelling showed, wrote Sophie Morris in The Australian Financial Review (3/9/2007, p.3).

Possible US recession may depend on state of “commercial paper” securities market: Federal Reserve short of data for 18 September deadline

US Federal Reserve chairman Benjamin Bernanke will seek to assure the world this weekend that the central bank will keep the US economy afloat during a severe credit crunch, reported The Australian (1/9/2007, p. 37).