“…It highlights the role of business-as-usual corporate priorities, and geography and connectedness with other jurisdictions as key drivers in responding to the carbon price. As a result, this work contributes to a broader understanding of carbon governance as a process that includes multiple actors interacting in constantly shifting, dynamic, and novel ways (Biermann, 2010;Foxon & Pearson, 2011;Schroeder, Burch, & Rayner, 2013). More broadly, this work builds on an emerging body of literature that examines the governance requirements needed to foster lowcarbon economic transformation, and supports market reports that examine the role of carbon taxes in creating low-carbon economic transformation within subnational and national jurisdictions (Bumpus, Tansey, Pérez Henríquez, & Okereke, 2014).…”