Putting a Price Tag on Pollution

PUTTING A PRICE TAG ON POLLUTION DRIVING COMPETITIVENESS IN THE CLEAN ENERGY ECONOMY $0.70 $29.30 $1.70 (US$/tonne of C0,-e) $3.10 $5.10 $14.20 $ 0 个 米 SHARE OF CLEAN ENERGY INUESTMENT (Clean energy investments in US$, 2009) $0 t * 56% USA $18 BILLION UK $11 BILLION JAPAN $0.8 BILLION AUSTRALIA $0.9 BILLION SOUTH KOREA $0.3 BILLION CHINA $35 BILLION ECONOMIC EFFICIENCY OF POLICIES (US$/tonne of CO,-e abated) DIRECT PRICE TAGS (EMISSIONS TRADING, TAXES) $ $10 CLEAN ENERGY TARGETS O $40 $0 .t * LOWER EMISSION FOSSIL FUEL MANDATES. $100 %24 CLEAN ENERGY SUBSIDIES $150 94% 4% 2% FEED IN TARIFFS (WIND. BIOMASS, SOLAR) * $190 IC The Climate Institute Driven by an unprecedented level of global policy action the world is experiencing a clean energy investment boom. Direct and indirect carbon pollution price tags are now in place in many of Australia's major trading partners. Australia is increasingly lagging behind other countries. Putting in place a direct price tag on pollution is required if Australia is to ensure that its international competitiveness is not lost to countries gaining early mover advantages in the clean energy economy. Copyright 2010 The Climate Institute. The data displayed in this infographic is an interpretation of the Vivid Economics report "The implicit price of carbon in the electricity generation sector of six major economies" commissioned by The Climate Institute. The 'price tags' are in approximate scale to the magnitude of effort countries are undertaking to make their electricity generation sector responsible for the pollution it causes. Economic efficiency numbers are indicative only; see full report for details. Clean energy investment numbers were provided by Bloomberg New Energy Finance. Prices listed on the above tags represent the purchasing power parity figures from the report. For more information visit climateinstitute.org.au PUTTING A PRICE TAG ON POLLUTION DRIVING COMPETITIVENESS IN THE CLEAN ENERGY ECONOMY $0.70 $29.30 $1.70 (US$/tonne of C0,-e) $3.10 $5.10 $14.20 $ 0 个 米 SHARE OF CLEAN ENERGY INUESTMENT (Clean energy investments in US$, 2009) $0 t * 56% USA $18 BILLION UK $11 BILLION JAPAN $0.8 BILLION AUSTRALIA $0.9 BILLION SOUTH KOREA $0.3 BILLION CHINA $35 BILLION ECONOMIC EFFICIENCY OF POLICIES (US$/tonne of CO,-e abated) DIRECT PRICE TAGS (EMISSIONS TRADING, TAXES) $ $10 CLEAN ENERGY TARGETS O $40 $0 .t * LOWER EMISSION FOSSIL FUEL MANDATES. $100 %24 CLEAN ENERGY SUBSIDIES $150 94% 4% 2% FEED IN TARIFFS (WIND. BIOMASS, SOLAR) * $190 IC The Climate Institute Driven by an unprecedented level of global policy action the world is experiencing a clean energy investment boom. Direct and indirect carbon pollution price tags are now in place in many of Australia's major trading partners. Australia is increasingly lagging behind other countries. Putting in place a direct price tag on pollution is required if Australia is to ensure that its international competitiveness is not lost to countries gaining early mover advantages in the clean energy economy. Copyright 2010 The Climate Institute. The data displayed in this infographic is an interpretation of the Vivid Economics report "The implicit price of carbon in the electricity generation sector of six major economies" commissioned by The Climate Institute. The 'price tags' are in approximate scale to the magnitude of effort countries are undertaking to make their electricity generation sector responsible for the pollution it causes. Economic efficiency numbers are indicative only; see full report for details. Clean energy investment numbers were provided by Bloomberg New Energy Finance. Prices listed on the above tags represent the purchasing power parity figures from the report. For more information visit climateinstitute.org.au PUTTING A PRICE TAG ON POLLUTION DRIVING COMPETITIVENESS IN THE CLEAN ENERGY ECONOMY $0.70 $29.30 $1.70 (US$/tonne of C0,-e) $3.10 $5.10 $14.20 $ 0 个 米 SHARE OF CLEAN ENERGY INUESTMENT (Clean energy investments in US$, 2009) $0 t * 56% USA $18 BILLION UK $11 BILLION JAPAN $0.8 BILLION AUSTRALIA $0.9 BILLION SOUTH KOREA $0.3 BILLION CHINA $35 BILLION ECONOMIC EFFICIENCY OF POLICIES (US$/tonne of CO,-e abated) DIRECT PRICE TAGS (EMISSIONS TRADING, TAXES) $ $10 CLEAN ENERGY TARGETS O $40 $0 .t * LOWER EMISSION FOSSIL FUEL MANDATES. $100 %24 CLEAN ENERGY SUBSIDIES $150 94% 4% 2% FEED IN TARIFFS (WIND. BIOMASS, SOLAR) * $190 IC The Climate Institute Driven by an unprecedented level of global policy action the world is experiencing a clean energy investment boom. Direct and indirect carbon pollution price tags are now in place in many of Australia's major trading partners. Australia is increasingly lagging behind other countries. Putting in place a direct price tag on pollution is required if Australia is to ensure that its international competitiveness is not lost to countries gaining early mover advantages in the clean energy economy. Copyright 2010 The Climate Institute. The data displayed in this infographic is an interpretation of the Vivid Economics report "The implicit price of carbon in the electricity generation sector of six major economies" commissioned by The Climate Institute. The 'price tags' are in approximate scale to the magnitude of effort countries are undertaking to make their electricity generation sector responsible for the pollution it causes. Economic efficiency numbers are indicative only; see full report for details. Clean energy investment numbers were provided by Bloomberg New Energy Finance. Prices listed on the above tags represent the purchasing power parity figures from the report. For more information visit climateinstitute.org.au PUTTING A PRICE TAG ON POLLUTION DRIVING COMPETITIVENESS IN THE CLEAN ENERGY ECONOMY $0.70 $29.30 $1.70 (US$/tonne of C0,-e) $3.10 $5.10 $14.20 $ 0 个 米 SHARE OF CLEAN ENERGY INUESTMENT (Clean energy investments in US$, 2009) $0 t * 56% USA $18 BILLION UK $11 BILLION JAPAN $0.8 BILLION AUSTRALIA $0.9 BILLION SOUTH KOREA $0.3 BILLION CHINA $35 BILLION ECONOMIC EFFICIENCY OF POLICIES (US$/tonne of CO,-e abated) DIRECT PRICE TAGS (EMISSIONS TRADING, TAXES) $ $10 CLEAN ENERGY TARGETS O $40 $0 .t * LOWER EMISSION FOSSIL FUEL MANDATES. $100 %24 CLEAN ENERGY SUBSIDIES $150 94% 4% 2% FEED IN TARIFFS (WIND. BIOMASS, SOLAR) * $190 IC The Climate Institute Driven by an unprecedented level of global policy action the world is experiencing a clean energy investment boom. Direct and indirect carbon pollution price tags are now in place in many of Australia's major trading partners. Australia is increasingly lagging behind other countries. Putting in place a direct price tag on pollution is required if Australia is to ensure that its international competitiveness is not lost to countries gaining early mover advantages in the clean energy economy. Copyright 2010 The Climate Institute. The data displayed in this infographic is an interpretation of the Vivid Economics report "The implicit price of carbon in the electricity generation sector of six major economies" commissioned by The Climate Institute. The 'price tags' are in approximate scale to the magnitude of effort countries are undertaking to make their electricity generation sector responsible for the pollution it causes. Economic efficiency numbers are indicative only; see full report for details. Clean energy investment numbers were provided by Bloomberg New Energy Finance. Prices listed on the above tags represent the purchasing power parity figures from the report. For more information visit climateinstitute.org.au