The sectoral pattern of growth is changing over time. Emissions-intensive manufacturing as a share of the Australian economy fell by about 4 per cent between 1990 and 2011. High commodity prices and exchange rates in recent years have accelerated the decline in this share (Treasury and DIICCSRTE 2013). The share of less emissions-intensive sectors rose; for example, the services sector increased its share of the economy by 6 per cent (Table 6.1). Table 6.1: Change in share of economic value by sector, 1990–2011 Sector Change in contribution to Emissions intensity of overall economic value (GVA) sector in 2011 from 1990 to 2011 (kg CO2-e/$AUD) Manufacturing (C) 0.66 –4.3% Commercial and services 6.0% 0.04 (F–H, J–Q) Electricity, gas and water 6.06 –0.9% supply (D) Construction (E) 1.1% 0.08 Mining (B) 0.4% 0.52 Transport, postal and 0.4% 0.39 warehousing (I) Agriculture, forestry and 3.22 –0.2% fishing (A) Note: GVA (Gross value added) in real $2011 terms using a chain-value measure to approximate volumes net of changes in commodity prices. Bracketed letters are relevant ANZSIC codes. Emissions by ANZSIC code for 2012 were not available at the time of drafting. Source: Treasury and DIICCSRTE 2013; ABS 2013a. 6.2.2 Emissions reduction activities and the role of policy
The sectoral pattern of growth is changing over time. Emissions-intensive manufacturing as a share of the Australian economy fell by about 4 per cent between 1990 and 2011. High commodity prices and exchange rates in recent years have accelerated the decline in this share (Treasury and DIICCSRTE 2013). The share of less emissions-intensive sectors rose; for example, the services sector increased its share of the economy by 6 per cent (Table 6.1). Table 6.1: Change in share of economic value by sector, 1990–2011 Sector Change in contribution to overall economic value (GVA) from 1990 to 2011 Emissions intensity of sector in 2011 (kg CO2-e/$AUD) Manufacturing (C) –4.3% 0.66 Commercial and services (F–H, J–Q) 6.0% 0.04 Electricity, gas and water supply (D) –0.9% 6.06 Construction (E) 1.1% 0.08 Mining (B) 0.4% 0.52 Transport, postal and warehousing (I) 0.4% 0.39 Agriculture, forestry and fishing (A) –0.2% 3.22 Note: GVA (Gross value added) in real $2011 terms using a chain-value measure to approximate volumes net of changes in commodity prices. Bracketed letters are relevant ANZSIC codes. Emissions by ANZSIC code for 2012 were not available at the time of drafting. Source: Treasury and DIICCSRTE 2013; ABS 2013a. 6.2.2 Emissions reduction activities and the role of policy
CCA_TargetsAndProgressFinalReportHTMLChapter6.docx