Reports


COMPARING RECENT TRENDS IN EMISSION REDUCTIONS IN KEY NATIONS

Australia?s greenhouse gas emissions fell by 0.6 per cent in the 12 months to March 2011, while increasing strongly in many other nations. In China and the US alone, the one year increase in emissions was nearly double that of Australia?s entire emissions.

COMPARING TAX TAKE IN INTERNATIONAL CARBON PRICING SCHEMES

European Union:  Newly updated data compiled by the Centre of International Economics shows that in the 6 and a half years to June 30, 2011, the European Union?s Emissions Trading Scheme raised 3.674 billion Euros or $AUD 4.9 billion.

THE WORLD’S BIGGEST CARBON TAX.

On all measures, the Australian carbon pricing scheme will be the world?s biggest carbon tax. The carbon price will be the world?s highest ? 50 per cent higher than the current EU ETS price, 2 and a half times the NZ carbon price and 12 times the price in the US regional scheme.

HOW THE CARBON PRICING SCHEME RISKS MANUFACTURING JOBS

Australia?s carbon tax will add new costs to manufacturing firms employing more than 1,045,000 Australians. But only firms in sectors employing 93,600 Australians will be eligible for assistance to reduce the loss of competitiveness in domestic and global markets.

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