FOR THE FIRST TIME
Australia publishes quarterly consumption-based emissions:
Production emissions are flat (orange). Since exports are growing (& imports declining), consumption-based emissions are declining (2.3% down)...
Is this a problem?
1/
industry.gov.au/data-and-publi…
Australia publishes quarterly consumption-based emissions:
Production emissions are flat (orange). Since exports are growing (& imports declining), consumption-based emissions are declining (2.3% down)...
Is this a problem?
1/
industry.gov.au/data-and-publi…
"When you take out our exports, take out our farming exports for instance as well as our LNG exports, domestic emissions are dropping by over 2 per cent" @AngusTaylorMP
Consumption = Production - exports (blue) + imports (blue)
2/
abc.net.au/news/2020-02-2…
Consumption = Production - exports (blue) + imports (blue)
2/
abc.net.au/news/2020-02-2…
All those people calling for consumption-based emissions (HT @KevinClimate), this is the risk you take with fossil fuel exporters...
Australia will become a leader in reducing consumption-based emissions, because it exports fossil fuels!
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Australia will become a leader in reducing consumption-based emissions, because it exports fossil fuels!
3/
Alternative accounting systems are useful, but mainly as a complement to existing systems & not as a replacement (pnas.org/content/108/45…)
Supply-side policies may also lead to pervasive incentives. Be careful when promoting alternative systems!
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Supply-side policies may also lead to pervasive incentives. Be careful when promoting alternative systems!
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