Green Power schemes offer electricity generated by recently constructed renewable energy sources to customers for a higher price than ordinary electricity. This study examines the place of Green Power in the electricity supply industry and among policies to counter global warming, the demand and supply characteristics of Green Power, its effectiveness and measures which could increase its sales. Although growing rapidly, Green Power sales are less than 0.5% of total electricity sales in Australia. The wide variation in market penetration between jurisdictions and between countries for Green Power, the discrepancies between stated willingness-to-pay surveys and actual sales and the low awareness of Green Power found by surveys indicate that Green Power sales could be increased by appropriate marketing and government policies. A sample of 250 pooled time series and cross sectional observations was used to estimate a statistically significant elasticity of demand for residential customers for Green Power with respect to price of -0.96. Green Power schemes appear not to be necessarily loss-making activities for retailers. There has been ample generating capacity for Green Power to meet the growing sales to customers to date. The most cost effective means to increase sales was found to be advertising campaigns such as the campaign in Victoria in 2005. It was also found that full tax deductibility of the Green Power premium to residential customers, an exemption of the Green Power premium from the Goods and Services Tax and a tax rebate for Green Power are probably less cost-effective for promoting sales than direct government purchase of Green Power in terms of cost of policy per unit of increased sales. Green Power plays a small but important role as one amongst a number of climate change policies and the potential of this role is yet to be fully realised.

The nuclear accident at the Chernobyl plant in 1986 is described and a summary of its immediate effects on people and the environment outlined. Then there is a summary of the important parts of the literature on diseases and deaths resulting from radiation and mortalities to date and the way mortality data became increasingly conservative over the years is discussed. Today, there is still uncertainty about future mortalities due to long latency periods for many cancers however cancer deaths in Chernobyl affected regions are expected to be similar to non-Chernobyl controls. The major literature on environmental effects on wild species, forests, water and agricultural land are then reported with a brief discussion of remediation work and of current trends. Finally, contemporary perceptions of the Chernobyl accident are described in the context of popular anti-nuclear sentiment that prevailed in 1986, the immense publicity surrounding the accident and the natural tendency of people to exaggerate prospects of unlikely, yet extreme, events.

A model of a production externality between two industries facing price uncertainty is specified and a Pigouvian tax introduced and solved using First-Order Conditions (FOC). This solution is then used as a baseline for comparison with results for the level of tax found using an Evolutionary Algorithm (EA) where government, as the policy setter, is facing political pressure in the selective environment of the electorate. It is found in the EA solution that if a government faces political pressure in an uncertain economic environment then the settings for the tax may reflect political caution rather than community preferences.