Senate debates

Tuesday, 11 October 2011

Questions on Notice

Carbon Pricing (Question No. 980)

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

The Treasurer has provided the following answer to the honourable senator's question:

(1) Table 3.9 of the Strong growth, low pollution (SGLP) report shows that Other South and East Asia's percentage emission reduction from 2001 levels in 2020 is approximately 1.8 times that of the United States and the European Union. This includes net emissions from land use change and forestry (LUCF).

(2) Other South and East Asia's projected emission reduction in the modelling reflects their ability to abate cost-effectively, for example, through LUCF. According to the latest data available from Climate Analysis Indicators Tool (CAIT) database, Other South and East Asia's CO2 emissions including LUCF are around 12 per cent higher in 2005 than 2001 levels.

(3) Table 3.9 of the Strong Growth, Low Pollution report shows that Other South and East Asia provides a net sink of emissions by 2050. This is possible because of LUCF activities in the region.

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