9 October, 2024
Who: Charles Darwin University sustainable transport solutions expert, PhD Candidate in Law, Ferdinand Balfoort. Ferdinand is completing his doctoral dissertation on distributive justice, sustainability and shared e-scooters, focusing on the benefits and burdens of sustainable transport technologies and possible solutions to reduce GHG emissions via carbon taxation and carbon credits. He is currently engaged on sustainable transport technology solutions, methodology development and carbon credit assisted deployment in Australia, as part of his PhD internship through Urban Analytica Pty Ltd, an incubator company from University of Melbourne.
Topics:
- Regulatory carbon credit frameworks
- Voluntary carbon credit mechanisms
- Distributive justice, benefits and burdens of carbon taxation and carbon credits
Contact details: Call +61 8 8946 6721 or email [email protected] to arrange an interview.
Quotes attributable to Ferdinand Balfoort:
“The introduction and operation of carbon taxation and the trading of carbon credits over the past 25 years, both voluntary and regulatory, has been marred by weaknesses in their design and operations, which has not had the desired effect on emissions, which continue to rise globally.
“National carbon taxation regimes and frameworks are not coordinated globally, creating loopholes to arbitrage carbon taxation between nations that have lower carbon taxes in place compared to higher taxed countries or countries without any carbon tax regimes.
“Prominent economists and experts globally propose that the only way to lower carbon emissions globally is by means of a global carbon tax on emissions to promote ‘equitable green growth.’
“In the absence of a comprehensive globally collective carbon tax regime to prevent a ‘Race to the Bottom’, the development and evolution of voluntary carbon credits as compared to regulatory ones muddies the waters further.
“This has caused an undermining of trust in carbon credit markets and the concept of carbon taxation.
“For carbon taxation to be effective it requires a globally coordinated approach and agreed path forward as proposed by the host of this year’s COP30 in Brazil.
“Carbon credits should, in this context, be seen as incentives for the deployment of much needed technology interventions in industry, transport and other significantly emitting sectors.”
Contact details:
Raphaella Saroukos she/her
Research Communications Officer
Marketing, Media & Communications
Larrakia Country
T: +61 8 8946 6721
E: [email protected]
W: cdu.edu.au
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