A Low Carbon Australia

THE PATΗ ΤΟ Α Australia needs to transition to a low-carbon economy. By doing so, the country can better protect its economic prosperity and competitiveness in the global arena. LOW-CARBON AUSTRALIA UPPING CARBON PRODUCTIVITY One key factor in becoming a low-carbon economy is increasing carbon productivity, which is the level of GDP produced per tonne of greenhouse emissions in an economy. If limits are imposed on such emissions, a country that can generate more wealth for each unit of emissions it emits would be more prosperous. A country that achieves clean grouwth improves carbon productivity es GDP grows. CARBON PRODUCTIVITY: The Paths To Clean Growth 5,000 Australia's carbon productivity growth is lagging behind the rest of the world - the averoge growth rate from 1980 to 2007 for the UK and Germany is more than three times faster than Australia's, with the US more than twice as fast, and China nearly five times as fast. 2007 4,000 FRA JPN GBR 3,000 BRA ARG ITA CARBON PRODUCTIVITY IS 2,000 USA DRIVEN BY TWO KEY LEVERS: MEK KOR CAN TUR AUS 1,000 ENERGY PRODUCTIVITY SAU IND Using less energy to generate wealth ZAF CHN RUS GDP Per Capita (SUS 20001 CARBON INTENSITY 10,000 20,000 30,000 40,000 Emitting less pollution from the energy used USS GDP Per Kg Oil Equivalent The carbon intensity in Australia and China are among the highest in the world. While ENERGY PRODUCTIVITY Between 1980 and 2007, CARBON INTENSITY energy productivity in Australia has grown but 10.1 8.3 6.2 - AUS at a slower rate than other countries. Energy efficiency growth in the US, Germany and the UK is almost double that of Australia. All four economies started in a similar position in 1980, but have now diverged 2 CHN most major economies have been reducing their carbon intensity, the carbon intensity in 8.1 4.4 3.4 Australia and China continues to increase. JPN GBR GER 4.2 4.9 1.3 considerably. GBR GER JPN USA 200 3.1 2.8 0.3 1980 1980 1985 1990 1995 2000 2005 AUS USA CHN 2007 6) imagination at work Source: Report conducted by Vivid Economics and Norton Rose THE PATΗ ΤΟ Α Australia needs to transition to a low-carbon economy. By doing so, the country can better protect its economic prosperity and competitiveness in the global arena. LOW-CARBON AUSTRALIA UPPING CARBON PRODUCTIVITY One key factor in becoming a low-carbon economy is increasing carbon productivity, which is the level of GDP produced per tonne of greenhouse emissions in an economy. If limits are imposed on such emissions, a country that can generate more wealth for each unit of emissions it emits would be more prosperous. A country that achieves clean grouwth improves carbon productivity es GDP grows. CARBON PRODUCTIVITY: The Paths To Clean Growth 5,000 Australia's carbon productivity growth is lagging behind the rest of the world - the averoge growth rate from 1980 to 2007 for the UK and Germany is more than three times faster than Australia's, with the US more than twice as fast, and China nearly five times as fast. 2007 4,000 FRA JPN GBR 3,000 BRA ARG ITA CARBON PRODUCTIVITY IS 2,000 USA DRIVEN BY TWO KEY LEVERS: MEK KOR CAN TUR AUS 1,000 ENERGY PRODUCTIVITY SAU IND Using less energy to generate wealth ZAF CHN RUS GDP Per Capita (SUS 20001 CARBON INTENSITY 10,000 20,000 30,000 40,000 Emitting less pollution from the energy used USS GDP Per Kg Oil Equivalent The carbon intensity in Australia and China are among the highest in the world. While ENERGY PRODUCTIVITY Between 1980 and 2007, CARBON INTENSITY energy productivity in Australia has grown but 10.1 8.3 6.2 - AUS at a slower rate than other countries. Energy efficiency growth in the US, Germany and the UK is almost double that of Australia. All four economies started in a similar position in 1980, but have now diverged 2 CHN most major economies have been reducing their carbon intensity, the carbon intensity in 8.1 4.4 3.4 Australia and China continues to increase. JPN GBR GER 4.2 4.9 1.3 considerably. GBR GER JPN USA 200 3.1 2.8 0.3 1980 1980 1985 1990 1995 2000 2005 AUS USA CHN 2007 6) imagination at work Source: Report conducted by Vivid Economics and Norton Rose THE PATΗ ΤΟ Α Australia needs to transition to a low-carbon economy. By doing so, the country can better protect its economic prosperity and competitiveness in the global arena. LOW-CARBON AUSTRALIA UPPING CARBON PRODUCTIVITY One key factor in becoming a low-carbon economy is increasing carbon productivity, which is the level of GDP produced per tonne of greenhouse emissions in an economy. If limits are imposed on such emissions, a country that can generate more wealth for each unit of emissions it emits would be more prosperous. A country that achieves clean grouwth improves carbon productivity es GDP grows. CARBON PRODUCTIVITY: The Paths To Clean Growth 5,000 Australia's carbon productivity growth is lagging behind the rest of the world - the averoge growth rate from 1980 to 2007 for the UK and Germany is more than three times faster than Australia's, with the US more than twice as fast, and China nearly five times as fast. 2007 4,000 FRA JPN GBR 3,000 BRA ARG ITA CARBON PRODUCTIVITY IS 2,000 USA DRIVEN BY TWO KEY LEVERS: MEK KOR CAN TUR AUS 1,000 ENERGY PRODUCTIVITY SAU IND Using less energy to generate wealth ZAF CHN RUS GDP Per Capita (SUS 20001 CARBON INTENSITY 10,000 20,000 30,000 40,000 Emitting less pollution from the energy used USS GDP Per Kg Oil Equivalent The carbon intensity in Australia and China are among the highest in the world. While ENERGY PRODUCTIVITY Between 1980 and 2007, CARBON INTENSITY energy productivity in Australia has grown but 10.1 8.3 6.2 - AUS at a slower rate than other countries. Energy efficiency growth in the US, Germany and the UK is almost double that of Australia. All four economies started in a similar position in 1980, but have now diverged 2 CHN most major economies have been reducing their carbon intensity, the carbon intensity in 8.1 4.4 3.4 Australia and China continues to increase. JPN GBR GER 4.2 4.9 1.3 considerably. GBR GER JPN USA 200 3.1 2.8 0.3 1980 1980 1985 1990 1995 2000 2005 AUS USA CHN 2007 6) imagination at work Source: Report conducted by Vivid Economics and Norton Rose THE PATΗ ΤΟ Α Australia needs to transition to a low-carbon economy. By doing so, the country can better protect its economic prosperity and competitiveness in the global arena. LOW-CARBON AUSTRALIA UPPING CARBON PRODUCTIVITY One key factor in becoming a low-carbon economy is increasing carbon productivity, which is the level of GDP produced per tonne of greenhouse emissions in an economy. If limits are imposed on such emissions, a country that can generate more wealth for each unit of emissions it emits would be more prosperous. A country that achieves clean grouwth improves carbon productivity es GDP grows. CARBON PRODUCTIVITY: The Paths To Clean Growth 5,000 Australia's carbon productivity growth is lagging behind the rest of the world - the averoge growth rate from 1980 to 2007 for the UK and Germany is more than three times faster than Australia's, with the US more than twice as fast, and China nearly five times as fast. 2007 4,000 FRA JPN GBR 3,000 BRA ARG ITA CARBON PRODUCTIVITY IS 2,000 USA DRIVEN BY TWO KEY LEVERS: MEK KOR CAN TUR AUS 1,000 ENERGY PRODUCTIVITY SAU IND Using less energy to generate wealth ZAF CHN RUS GDP Per Capita (SUS 20001 CARBON INTENSITY 10,000 20,000 30,000 40,000 Emitting less pollution from the energy used USS GDP Per Kg Oil Equivalent The carbon intensity in Australia and China are among the highest in the world. While ENERGY PRODUCTIVITY Between 1980 and 2007, CARBON INTENSITY energy productivity in Australia has grown but 10.1 8.3 6.2 - AUS at a slower rate than other countries. Energy efficiency growth in the US, Germany and the UK is almost double that of Australia. All four economies started in a similar position in 1980, but have now diverged 2 CHN most major economies have been reducing their carbon intensity, the carbon intensity in 8.1 4.4 3.4 Australia and China continues to increase. JPN GBR GER 4.2 4.9 1.3 considerably. GBR GER JPN USA 200 3.1 2.8 0.3 1980 1980 1985 1990 1995 2000 2005 AUS USA CHN 2007 6) imagination at work Source: Report conducted by Vivid Economics and Norton Rose THE PATΗ ΤΟ Α Australia needs to transition to a low-carbon economy. By doing so, the country can better protect its economic prosperity and competitiveness in the global arena. LOW-CARBON AUSTRALIA UPPING CARBON PRODUCTIVITY One key factor in becoming a low-carbon economy is increasing carbon productivity, which is the level of GDP produced per tonne of greenhouse emissions in an economy. If limits are imposed on such emissions, a country that can generate more wealth for each unit of emissions it emits would be more prosperous. A country that achieves clean grouwth improves carbon productivity es GDP grows. CARBON PRODUCTIVITY: The Paths To Clean Growth 5,000 Australia's carbon productivity growth is lagging behind the rest of the world - the averoge growth rate from 1980 to 2007 for the UK and Germany is more than three times faster than Australia's, with the US more than twice as fast, and China nearly five times as fast. 2007 4,000 FRA JPN GBR 3,000 BRA ARG ITA CARBON PRODUCTIVITY IS 2,000 USA DRIVEN BY TWO KEY LEVERS: MEK KOR CAN TUR AUS 1,000 ENERGY PRODUCTIVITY SAU IND Using less energy to generate wealth ZAF CHN RUS GDP Per Capita (SUS 20001 CARBON INTENSITY 10,000 20,000 30,000 40,000 Emitting less pollution from the energy used USS GDP Per Kg Oil Equivalent The carbon intensity in Australia and China are among the highest in the world. While ENERGY PRODUCTIVITY Between 1980 and 2007, CARBON INTENSITY energy productivity in Australia has grown but 10.1 8.3 6.2 - AUS at a slower rate than other countries. Energy efficiency growth in the US, Germany and the UK is almost double that of Australia. All four economies started in a similar position in 1980, but have now diverged 2 CHN most major economies have been reducing their carbon intensity, the carbon intensity in 8.1 4.4 3.4 Australia and China continues to increase. JPN GBR GER 4.2 4.9 1.3 considerably. GBR GER JPN USA 200 3.1 2.8 0.3 1980 1980 1985 1990 1995 2000 2005 AUS USA CHN 2007 6) imagination at work Source: Report conducted by Vivid Economics and Norton Rose