Category: Paul Kerin
Advocates of further subsidies for electric vehicles were out in force last week. But if you look beyond the evangelistic hand-waving, the case for subsidies is weak.
We need to be very clear about the purpose of proposed subsidies and carefully assess whether subsidies are the best way to achieve that purpose. EV subsidies could be used to […]
Recent claims by Tony Abbott and others that allowing firms to purchase international carbon credits (CCs) to meet emissions quotas was like a tax that would raise costs and prices defy the most basic laws of
economics. They’re simply untrue.
Indeed, allowing such purchases can only reduce costs and prices. Furthermore, those advocating a continued ban on international CC […]
We all know damned lies and statistics can be misleading. So too can graphs, modelling assumptions and the omission or glossing over of critically important information. Take the Finkel report.
The report by chief scientist Alan Finkel on the future security of the national electricity market was released on June 9.
In it, Finkel recommended a “clean […]
In a recent article in The Australian, Paul Kerin argues that immigration is essential to maintaining and improving our future living standards. Immigration has been found to raise GDP per person, and has negligible effects on wages, employment and workforce participation of local workers. It also improves labour market flexibility and helps to moderate unfavorable […]
In his latest article for The Australian – “Households will Bear Banks’ Burden” – Paul Kerin argues that the costs of the bank levy announced by the Treasurer in last week’s federal budget will be borne largely by customers, contrary to claims otherwise. Evidence from similar levies introduced in European Union member countries show that a […]
Paul Kerin argues that export restrictions on liquefied natural gas recently announced by the Australian Government will delay needed reforms that would prove a better way to reduce domestic gas prices, and ultimately reduce national economic welfare. These arguments are made in his latest article for The Australian: “Gas curbs will hurt LNG exports and […]
In his latest article for The Australian, “Unlock Energy Gridlock”, Paul Kerin argues that calls to renationalise Australia’s electricity grid to address existing electricity supply issues risks creating another policy disaster. He argues that efforts should instead be focused on fixing existing policy and regulatory mistakes. The full article is available here.
In his article in yesterday’s Australian, “Busting the ‘End of Jobs’ Myth”, Paul Kerin explains why robots and other forms of automation won’t create mass involuntary unemployment and therefore why universal basic income would be an unnecessary and inefficient response. The full article is available here.
In a recent article in The Australian, Paul Kerin presents evidence that the sharemarket expects Adani’s proposed Carmichael mine in Queensland to create substantial shareholder value. This demonstrates that the Federal government’s proposed $1 billion dollar loan to Adani would be a waste of taxpayers’ money. The full article is available here.
In a recent article in The Australian, Paul Kerin argues that location-based subsidies are pervasive and substantial, but make us worse-off. Using examples from the health, insurance telecommunications and utilities sectors, he explains why. The full article is available here