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Australia will fail to hit its climate change target of net zero by 2050 unless it imposes a constraint on emissions from the electricity sector. In this podcast, our energy and climate change policy experts Alison Reeve and Tony Wood talk about the thing Australia’s political leaders still refuse to talk about: carbon pricing. Alison and Tony also discuss the modelling for their new Grattan report, which which shows that governments can act to cut electricity emissions without hurting Australians in the hip pocket. Read the report: https://grattan.edu.au/report/bills-d... Chapters 00:00 Introduction to Australia's 2035 Climate Target 00:50 The Role of Carbon Pricing in Emission Reduction 01:21 History of Carbon Pricing in Australia 02:35 Challenges and Political Implications of Carbon Pricing 04:40 Current State and Future of Carbon Pricing 10:59 The Safeguard Mechanism and Its Potential 16:30 Economic Impacts and Equity Concerns 22:16 Recommendations and Conclusion