In this paper, the authors use a longitudinal dataset for 142 countries to estimate the contribution of carbon pricing to reducing carbon dioxide (CO2) emissions. They employ econometric techniques that control for other relevant factors, including other policies such as feed-in tariffs and renewable portfolio standards.

The Ministry of Transport has produced this working paper to provide the government with a range of options to support greater uptake of alternative green fuels in the road freight industry. This is part of the Ministry’s wider programme of work to reduce greenhouse gas (GHG) emissions from the transport sector.

The editors of this publication conclude that the fast-growing share of traded emissions in the global total requires a change to the climate regime, giving greater attention to traded emissions and consumption footprints than has been the case to date.

A key goal of this roadmap is to ensure Australia remains at the forefront of the global low emissions technological innovation.

The recommendations outlined in this report are intended to help Australia exceed its current international commitments and create a pathway for ongoing emissions reductions beyond 2030 to meet future commitments under the Paris Agreement.