Reshape your understanding of the politics and economics that affect carbon management processes and policies. Break down established frameworks and protocols. Gain local, national and global perspectives on carbon standards and reduction efforts.
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On successful completion of this subject you should be able to:
- demonstrate a working knowledge of the international protocols and frameworks that underpin the international efforts to reduce global greenhouse gas (carbon) emissions
- understand the main policy and financial instruments used to manage carbon emissions at the national level and discuss their relative advantages and disadvantages
- demonstrate a working knowledge of the economic and financial concepts related to carbon management including marginal abatement cost curves (MACCs)
- understand how to develop and get buy in for credible carbon management strategies and plans at entity level
- understand and be able to use the relevant standards to develop and effectively communicate a corporate carbon reduction or neutral strategy
- understand and be able to use the relevant standards and methodologies for the generation of accredited carbon offsets.
- Politics, policies and processes.
- Financial instruments
- Marginal Abatement Cost Curves (MACC)
- Standards for an effective carbon management strategy
- Methodologies for carbon offsets
- Accreditation schemes
You are recommended to have completed the following subjects(s) or have equivalent knowledge before starting this subject:
- MUR-EENV504-Greenhouse Gas Reporting and Life Cycle Assessment
- MUR-EENV599-Climate Change Science and Policy
- MUR-EENV632 (Not currently available)
No additional requirements
This subject 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.
Please Note: All students studying at Murdoch University will need to complete the compulsory unit, Murdoch Academic Passport (MAP100), which only takes 2-3 hours to complete online. Find out more: http://goto.murdoch.edu.au/MurdochAcademicPassport.
- Mid-semester assignment (20%)
- End-of-semester assignment (20%)
- On-line quizzes (10%)
- Open book timed online exam (50%)