The Path to a Low-Carbon Australia

THE PATH TO A Australia needs to transition to a low-carbon LOW-CARBON AUSTRALIA economy. By doing so, the country can better protect its economic prosperity and competitiveness in the global arena. 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 growth 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 2007 JPN FRA 4,000 three times faster than Australia's, with the US more than twice as fast, and China nearly five times as fast. GBR 3,000 ITA BRA ARG GER CARBON PRODUCTIVITY IS 2,000 USA DRIVEN BY TWO KEY LEVERS: TUR MEX KOR CAN AUS ENERGY PRODUCTIVITY 1,000 SAU IND CHN ZAF RUS Using less energy to generate wealth GDP Per Copita ISUS 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 most major economies have been reducing their carbon intensity, the carbon intensity in Australia and China 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 CHN 8.1 4.4 3.4 of Australia. All four economies started in a similar position in 1980, but have now diverged considerably. JPN GBR GER continues to increase. 4.2 4.9 1.3 GBR GER JPN USA 2007 3.1 2.8 0.3 1980 1980 1985 1990 1995 2000 2005 AUS USA CHN 2007 F6) imagination at work Source: Report conducted by Vivid Economics and Norton Rose THE PATΗ ΤΟ Α Australia needs to transition to a low-carbon LOW-CARBON AUSTRALIA economy. By doing so, the country can better protect its economic prosperity and competitiveness in the global arena. 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 growth 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 2007 JPN FRA 4,000 three times faster than Australia's, with the US more than twice as fast, and China nearly five times as fast. GBR 3,000 ITA BRA ARG GER CARBON PRODUCTIVITY IS 2,000 USA DRIVEN BY TWO KEY LEVERS: TUR MEX KOR CAN AUS ENERGY PRODUCTIVITY 1,000 SAU IND CHN ZAF RUS Using less energy to generate wealth GDP Per Copita ISUS 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 most major economies have been reducing their carbon intensity, the carbon intensity in Australia and China 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 CHN 8.1 4.4 3.4 of Australia. All four economies started in a similar position in 1980, but have now diverged considerably. JPN GBR GER continues to increase. 4.2 4.9 1.3 GBR GER JPN USA 23 2007 3.1 2.8 0.3 1980 1980 1985 1990 1995 2000 2005 AUS USA CHN 2007 F6) imagination at work Source: Report conducted by Vivid Economics and Norton Rose THE PATΗ ΤΟ Α Australia needs to transition to a low-carbon LOW-CARBON AUSTRALIA economy. By doing so, the country can better protect its economic prosperity and competitiveness in the global arena. 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 growth 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 2007 JPN FRA 4,000 three times faster than Australia's, with the US more than twice as fast, and China nearly five times as fast. GBR 3,000 ITA BRA ARG GER CARBON PRODUCTIVITY IS 2,000 USA DRIVEN BY TWO KEY LEVERS: TUR MEX KOR CAN AUS ENERGY PRODUCTIVITY 1,000 SAU IND CHN ZAF RUS Using less energy to generate wealth GDP Per Copita ISUS 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 most major economies have been reducing their carbon intensity, the carbon intensity in Australia and China 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 CHN 8.1 4.4 3.4 of Australia. All four economies started in a similar position in 1980, but have now diverged considerably. JPN GBR GER continues to increase. 4.2 4.9 1.3 GBR GER JPN USA 23 2007 3.1 2.8 0.3 1980 1980 1985 1990 1995 2000 2005 AUS USA CHN 2007 F6) imagination at work Source: Report conducted by Vivid Economics and Norton Rose THE PATΗ ΤΟ Α Australia needs to transition to a low-carbon LOW-CARBON AUSTRALIA economy. By doing so, the country can better protect its economic prosperity and competitiveness in the global arena. 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 growth 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 2007 JPN FRA 4,000 three times faster than Australia's, with the US more than twice as fast, and China nearly five times as fast. GBR 3,000 ITA BRA ARG GER CARBON PRODUCTIVITY IS 2,000 USA DRIVEN BY TWO KEY LEVERS: TUR MEX KOR CAN AUS ENERGY PRODUCTIVITY 1,000 SAU IND CHN ZAF RUS Using less energy to generate wealth GDP Per Copita ISUS 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 most major economies have been reducing their carbon intensity, the carbon intensity in Australia and China 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 CHN 8.1 4.4 3.4 of Australia. All four economies started in a similar position in 1980, but have now diverged considerably. JPN GBR GER continues to increase. 4.2 4.9 1.3 GBR GER JPN USA 23 2007 3.1 2.8 0.3 1980 1980 1985 1990 1995 2000 2005 AUS USA CHN 2007 F6) imagination at work Source: Report conducted by Vivid Economics and Norton Rose THE PATΗ ΤΟ Α Australia needs to transition to a low-carbon LOW-CARBON AUSTRALIA economy. By doing so, the country can better protect its economic prosperity and competitiveness in the global arena. 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 growth 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 2007 JPN FRA 4,000 three times faster than Australia's, with the US more than twice as fast, and China nearly five times as fast. GBR 3,000 ITA BRA ARG GER CARBON PRODUCTIVITY IS 2,000 USA DRIVEN BY TWO KEY LEVERS: TUR MEX KOR CAN AUS ENERGY PRODUCTIVITY 1,000 SAU IND CHN ZAF RUS Using less energy to generate wealth GDP Per Copita ISUS 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 most major economies have been reducing their carbon intensity, the carbon intensity in Australia and China 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 CHN 8.1 4.4 3.4 of Australia. All four economies started in a similar position in 1980, but have now diverged considerably. JPN GBR GER continues to increase. 4.2 4.9 1.3 GBR GER JPN USA 23 2007 3.1 2.8 0.3 1980 1980 1985 1990 1995 2000 2005 AUS USA CHN 2007 F6) imagination at work Source: Report conducted by Vivid Economics and Norton Rose THE PATΗ ΤΟ Α Australia needs to transition to a low-carbon LOW-CARBON AUSTRALIA economy. By doing so, the country can better protect its economic prosperity and competitiveness in the global arena. 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 growth 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 2007 JPN FRA 4,000 three times faster than Australia's, with the US more than twice as fast, and China nearly five times as fast. GBR 3,000 ITA BRA ARG GER CARBON PRODUCTIVITY IS 2,000 USA DRIVEN BY TWO KEY LEVERS: TUR MEX KOR CAN AUS ENERGY PRODUCTIVITY 1,000 SAU IND CHN ZAF RUS Using less energy to generate wealth GDP Per Copita ISUS 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 most major economies have been reducing their carbon intensity, the carbon intensity in Australia and China 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 CHN 8.1 4.4 3.4 of Australia. All four economies started in a similar position in 1980, but have now diverged considerably. JPN GBR GER continues to increase. 4.2 4.9 1.3 GBR GER JPN USA 23 2007 3.1 2.8 0.3 1980 1980 1985 1990 1995 2000 2005 AUS USA CHN 2007 F6) imagination at work Source: Report conducted by Vivid Economics and Norton Rose