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):

56,307.28

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):

1.734

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

Australian states and territories revolt over federal government’s coal power subsidy plan

2021-10-01

The federal government is facing a revolt from states and territories over its plan to allow subsidies for coal and gas-fired power stations as part of reforms to shore up reliability of the electricity grid.

WTO Informal Dialogue Calls for Ministerial Declaration on Plastics

2021-07-05

The Informal Dialogue on Plastics Pollution and Environmentally Sustainable Plastics Trade currently has 16 co-sponsors. Ambassador Chad Blackman of Barbados, one of the Dialogue’s co-coordinators,

Opinion: As the US and EU get on with green recovery, Australia has missed a huge opportunity

2021-05-17

The volume of funds being put forward in the federal budget is staggeringly low and can only be seen as window dressing f anyone had

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

Australian states and territories revolt over federal government’s coal power subsidy plan

WTO Informal Dialogue Calls for Ministerial Declaration on Plastics

Opinion: As the US and EU get on with green recovery, Australia has missed a huge opportunity

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

Subscribe Now

UN Environment

International Monetary Fund

GIZ