Table 3: Macroeconomic Results
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BAU |
Scenario 4 Govt responsible for all emissions. 50 Mt International allowance |
Scenario 5 ETS $25/tonne. No free allocation. 50 Mt International allowance |
Scenario 6 ETS $100/tonne. No free allocation. 50 Mt International allowance |
Scenario 7 As in 6 with 30 Mt International allowance |
Scenario 8 As in 6 with lower profit |
Scenario 9 As in 6 with higher world prices |
|
|---|---|---|---|---|---|---|---|
Emission units required to be purchased off shore (p.a) |
61.6Mt |
57.0Mt |
46.9Mt |
66.8Mt |
47.6Mt |
50.9Mt |
|
Private Consumption |
-1.0% |
-0.7% |
-2.2% |
-3.5% |
-2.2% |
-1.4% |
|
Exports |
1.3% |
0.1% |
0.1% |
1.8% |
0.1% |
0.1% |
|
Imports |
-0.6% |
-0.8% |
-2.8% |
-3.5% |
-2.8% |
-1.7% |
|
GDP in world prices |
-0.7% |
-0.4% |
-1.5% |
-2.3% |
-1.4% |
-0.1% |
|
Real wage rate |
0.2% |
-0.7% |
-2.7% |
-2.4% |
-2.6% |
-2.5% |
|
Mean household tax rate |
3.7% |
-2.3% |
-9.6% |
-4.7% |
-9.3% |
-10.5% |
|
Real exchange rate |
-0.8% |
-0.4% |
-1.3% |
-2.3% |
-1.3% |
0.1% |
|
Terms of Trade |
-0.6% |
0.3% |
1.3% |
0.5% |
1.3% |
2.6% |
|
CO2 emissions (Gg) |
52368 |
0.2% |
-5.3% |
-16.4% |
-16.3% |
-14.6% |
-15.4% |
Agriculture CH4 & N2O |
63513 |
0.4% |
-3.0% |
-10.9% |
-10.5% |
-11.0% |
-5.2% |
115881 |
0.3% |
-4.0% |
-13.4% |
-13.1% |
-12.6% |
-9.8% |
|
International transport |
4299 |
1.6% |
-5.5% |
-18.1% |
-16.4% |
-13.5% |
-16.0% |
Emissions by NZ |
111582 |
0.3% |
-4.0% |
-13.2% |
-13.0% |
-12.6% |
-9.6% |
