Ross Gregory Garnaut, born 28 July 1946, Perth, Western Australia AO is a Distinguished Professor of Economics at the Australian National University and both a Vice-Chancellor's Fellow and Professorial Fellow of Economics at The University of Melbourne.
Throughout his career Garnaut held a number of influential political and economic positions as: Senior Economic Adviser to Prime Minister Bob Hawke (1983–85), Australia's Ambassador to China (1985–88), Chairman of the Primary Industry Bank of Australia (1989–94), Chairman of BankWest (1988–95), Head of Division in the Papua New Guinea Department of Finance (1975–76) and Chairman of Lihir Gold.
On 30 April 2007 the state and territory governments of Australia, at the request of Kevin Rudd, then leader of the Australian Labor Party and Leader of the Opposition, appointed Garnaut to examine the impacts of climate change on the Australian economy and recommend medium to long-term policies and policy frameworks to improve the prospects for sustainable prosperity. The Garnaut Climate Change Review was finalised on 30 September 2008.
Garnaut Climate Change Review
The Garnaut Climate Change Review was commissioned by former Prime Minister of Australia, Kevin Rudd, and by the Australia's state and territory governments on 30 April 2007. After his election on 24 November 2007 the Prime Minister of Australia, Kevin Rudd, confirmed the participation of the Commonwealth Government in the review.
The final report was released on 30 September 2008 and recommended that Australia should indicate at an early date its preparedness to play its full, proportionate part in an effective global agreement that ‘adds up’ to either a 450 or a 550 emissions concentrations scenario, or to a corresponding point between. Australia’s full part for 2020 in a 450 scenario would be a reduction of 25 per cent in emissions entitlements from 2000 levels. For 2050, reductions would be 90 per cent from 2000 levels (95 per cent per capita). Australia’s full part for 2020 in a 550 scenario would be a reduction in entitlements of 10 per cent from 2000 levels. For 2050, reductions would be 80 per cent from 2000 levels or 90 per cent per capita. If there is no comprehensive global agreement at Copenhagen in 2009, Australia, in the context of an agreement among developed countries only, should commit to reduce its emissions by 5 per cent (25 per cent per capita) from 2000 levels by 2020, or 13 per cent from the Kyoto compliance 2008–12 period.
The report's recommendations in terms of policy, apart from a Carbon Pollution Reduction Scheme which included forestry and agriculture, centred heavily on hoping that carbon capture and storage and other clean coal technologies would be available on a wide scale within the next twenty years.
The report was criticised by the Australian Chamber of Commerce and Industry for the economic impact that reducing greenhouse gas emissions would have. It was also heavily criticised by environmental organisations, including Friends of the Earth and Rising Tide. The Australian Conservation Foundation praised the report for advocating a 450 ppm target. Dr. Clive Hamilton was heavily critical of the report, arguing that it reduced global expectations of what should be aimed for, naively exposed Australia's negotiating tactics to the international diplomatic sphere, alienates both the Australian public and the international community, misjudges the time frames necessary to avoid dangerous climate change, gives Australia numerous special deals, and would be rejected by the international community.
Responses from political parties were mixed. Australian Greens leader Bob Brown showed that the report demonstrated that reducing greenhouse gas emissions would not come at the expense of Australia's economic growth. Climate Change Minister Penny Wong did not comment directly on the report but said that economic responsibility needed to be considered in responding to the report, and that the Government would wait before Treasury modelling on climate change mitigation before responding.
In November 2010 the Minister for Climate Change and Energy Efficiency commissioned Professor Garnaut to update his 2008 Garnaut Climate Change Review. Eight papers were released in February and March 2011 and the final report of the Garnaut Climate Change Review Update 2011 was presented to the Government on 31 May 2011.
Career history
Garnaut attended the Australian National University and attained a Bachelor of Arts in 1967 and a PhD in 1972 as a student of Emeritus Professor Peter Drysdale. He has worked in the following positions:
Senior Economic Adviser to Prime Minister Bob Hawke (1983–85)
Australia's Ambassador to China (1985–88)
Chairman, Primary Industry Bank of Australia Ltd (PIBA) (1989–1994)
Chairman, Bank of Western Australia Ltd (BankWest) (1988–1995)
First Assistant Secretary (Head of the Division of General Financial and Economic Policy), Papua New Guinea Department of Finance (1975–76)
Research Director of the ASEAN-Australia Economic Relations Research Project (1981–83)
Foundation Director, Asia-Pacific School of Economics and Management (1998–2000)
Garnaut is Chairman of the Papua New Guinea Sustainable Development Program and a member of the Trilateral Commission. Garnaut was Chairman of Lihir Gold Limited from 1995 until the merger with Newcrest Mining Limited in 2010 and he was the Chairman of the International Food Policy Research Institute from 2006 to 2010.
He is married to Jayne, with sons John (born 1974 - a journalist for Fairfax Media newspapers) and Anthony (1977).
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