Emissions from Australia’s largest emitting companies fell 7% on average in the first year of the carbon price, IGCC analysis of new government data shows.
According to new official data from the Clean Energy Regulator, carbon emissions from Australia’s largest 350 corporate emitters fell from 342 million tonnes in 2011-12 to 321 million tonnes of CO2e in2012-13.
The carbon price applies to around 350 companies with emissions above 25,000 tonnes of emissions per year. Australia’s largest corporate emitters include large electricity generators like AGL Energyand Origin Energy, resources and energy companies like BHP Billiton, Santos, Peabody Energy andWoodside Petroleum and airlines like Qantas.
Click here to download a copy of the media release