Australia

Country indicators

GDP per capita - gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. (Source: World Bank)

GDP per capita
(USD):

49,628.8

Fossil fuel subsidies (USD, billions) - All consumer and producer pre-tax subsidies. Pre-tax consumer subsidies exist when energy consumers pay prices that are below the costs incurred to supply them with this energy. (Source: IMF)

Fossil fuel subsidies (USD, billions):

0.01

Fossil Fuel Subsidies as % of GDP - All consumer and producer pre-tax subsidies as percent of a country’s GDP. (Source: IMF)

Fossil fuel subsidies
(% of GDP):

0.01

Fossil Fuel Subsidies with externalities as % of GDP - All consumer and producer post-tax subsidies. Post-tax consumer subsidies exist if consumer prices for energy are below supply costs plus the efficient levels of taxation. (Source: IMF)

Fossil fuel subsidies with externalities (% of GDP):

1.86

Revenue from environmentally related taxes as % of GDP - All revenue from environmentally related taxes - defined as any compulsory, unrequited payment to general government levied on tax-bases deemed to be of particular environmental relevance – as percent of a country’s GDP. (Source: OECD)

Revenue from environmentally related taxes (% of GDP):

1.7

Carbon pricing gap - Measure of how much countries fall short of pricing carbon emissions in line with a EUR 60 benchmark value (midpoint estimate of the carbon costs in 2020 and a low-end estimate for 2030). The difference is presented as percentage: If the Effective Carbon Rate (ECR) on all emissions is at least as high as the benchmark, the gap is zero, and if the ECR is zero throughout, the gap is 100%. (Source: OECD)

Carbon Pricing Gap
(%):

News

‘We’ve got to be bullish’: NSW ministers at odds over electric car tax

2020-12-11

By Tom Rabe and Peter Hannam Senior ministers have warned that NSW should not follow other states in imposing a tax on electric cars, arguing it would discourage

Electric vehicle tax a ‘dangerous’ step towards more privatisation

2020-12-11

By Sam Hibbins The state government’s decision to introduce a user charge for electric vehicles signals a dangerous step towards a privatised road user charge scheme

The results are in – carbon pricing works (pv magazine)

2020-07-20

Australian researchers have completed the world’s largest comparative study on carbon pricing and the results are a “crystal clear” message to governments around the world,

Reports

U.K. Spending 32 Times More On Fossil Fuels Than Renewables: Wärtsilä Report

2020-11-03

The U.K. government is squandering an opportunity to move towards a zero carbon future by pumping billions of stimulus cash into fossil fuels and all

Remarkably adaptive: Australian cities in a time of growth (Grattan Institute)

2018-11-08

According to a new report by the Grattan Institute, Australian cities are seizing up and no amount of new roads and rail lines is going

Taxing Energy Use 2015 (OECD)

2017-05-05

This OECD report provides a systematic analysis of the structure and level of energy taxes in OECD and selected partner countries, which together cover 80%

Australia

Country indicators

News

‘We’ve got to be bullish’: NSW ministers at odds over electric car tax

Electric vehicle tax a ‘dangerous’ step towards more privatisation

The results are in – carbon pricing works (pv magazine)

Reports

U.K. Spending 32 Times More On Fossil Fuels Than Renewables: Wärtsilä Report

Remarkably adaptive: Australian cities in a time of growth (Grattan Institute)

Taxing Energy Use 2015 (OECD)

Policy Briefs

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