Infographic: Putting a Price Tag on Carbon

Research commissioned by The Climate Institute, shows that in Country rankings of implied carbon price in the electricity sector, Australia is the second lowest of the 7 regions studied.

I love a good infographic.

The rankings are:
• UK: US$29.30
• China: US$14.20
• North East USA: US$9.50; USA overall US$5.10
• Japan: US$3.10
• Australia: US$1.70
• South Korea: US$0.70

The Institute's media release concludes with this statement by The Climate Institute’s Deputy CEO Erwin Jackson:

“The test for both the leadership and effectiveness of this Parliament is whether it can put real limits and a price tag on pollution that reverses Australia’s still rising pollution levels by 2013 and enables significant reductions by 2020."

“It will also be a test of the extent to which this Parliament is willing to make the necessary decisions today to equip and strengthen Australia’s economy for the low pollution opportunities of today and tomorrow.”

“Alongside a price tag on pollution, urgent measures are needed to make clean energy cheaper, reduce energy bills and improve energy productivity.”

The Climate Institute has published a media release online, along with the policy brief, the complete report and a full size version of the infographic for download - so you can see the fine print and detail in all their 'glory'.
You can also get it from their flickr stream.