Strong Growth, Low Pollution - Modelling a Carbon Price
Charts and tables from the report
Real wage, index, 2010=100 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Medium global action 100.00 106.73 108.76 111.59 112.82 114.84 116.65 117.97 119.29 120.00
SGLP core 100.00 106.73 108.76 111.41 112.46 114.29 115.94 117.14 118.37 119.00
Clean Energy Future 100.00 106.73 108.76 111.40 112.44 114.28 115.95 117.17 118.42 119.06
Government policy 100.00 106.73 108.76 111.39 112.44 114.26 115.92 117.13 118.38 119.01
Ambitious global action 100.00 106.73 108.76 111.57 112.78 114.80 116.61 117.91 119.23 119.93
High price 100.00 106.73 108.76 111.28 112.16 113.82 115.24 116.19 117.17 117.57
Change from reference scenario (Per cent)
SGLP core 0.00 0.00 0.00 -0.16 -0.31 -0.48 -0.61 -0.70 -0.77 -0.83
Clean Energy Future 0.00 0.00 0.00 -0.17 -0.33 -0.49 -0.60 -0.67 -0.73 -0.78
Government policy 0.00 0.00 0.00 -0.18 -0.34 -0.50 -0.63 -0.71 -0.77 -0.82
High price 0.00 0.00 0.00 -0.26 -0.56 -0.85 -1.18 -1.46 -1.73 -1.97
Chart 5.12 Real wages
Level Change from global action scenarios
Index, 2010=100 Index, 2010=100 Per cent Per cent
200 200 0 0
-2 -2
150 150
-4 -4
100 Medium global action 100
Ambitious global action -6 -6
SGLP core
50 Clean Energy Future 50 SGLP core
-8 Clean Energy Future -8
Government policy
Government policy
High price High price
0 0 -10 -10
2010 2020 2030 2040 2050 2010 2020 2030 2040 2050
2010 2020 2030 2040 2050 2010 2020 2030 2040 2050
Source: Treasury estimates from MMRF.
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032
121.25 122.43 123.54 124.63 125.65 126.63 127.55 128.45 129.32 130.16 130.60 131.20 131.93
120.19 121.31 122.31 123.25 124.08 124.83 125.48 126.12 126.73 127.31 127.47 127.78 128.21
120.25 121.37 122.38 123.32 124.16 124.92 125.58 126.24 126.85 127.43 127.59 127.90 128.35
120.20 121.33 122.33 123.26 124.09 124.84 125.50 126.13 126.74 127.32 127.48 127.78 128.21
121.13 122.25 123.29 124.32 125.27 126.18 127.03 127.85 128.64 129.39 129.73 130.17 130.77
118.49 119.34 120.06 120.71 121.25 121.69 122.06 122.47 122.89 123.28 123.24 123.30 123.51
-0.88 -0.92 -1.00 -1.11 -1.25 -1.42 -1.62 -1.82 -2.00 -2.19 -2.39 -2.61 -2.82
-0.83 -0.87 -0.94 -1.05 -1.19 -1.35 -1.54 -1.73 -1.91 -2.10 -2.30 -2.51 -2.72
-0.86 -0.90 -0.98 -1.10 -1.24 -1.41 -1.61 -1.81 -1.99 -2.18 -2.39 -2.60 -2.81
-2.18 -2.38 -2.62 -2.90 -3.21 -3.56 -3.91 -4.21 -4.47 -4.72 -5.00 -5.28 -5.55
2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045
132.63 133.28 133.95 134.68 135.55 136.43 137.91 139.48 141.11 142.84 144.61 146.44 148.33
128.60 128.96 129.34 129.78 130.36 130.96 132.13 133.40 134.75 136.20 137.69 139.22 140.82
128.76 129.14 129.54 129.98 130.55 131.15 132.32 133.59 134.94 136.39 137.90 139.45 141.07
128.61 128.97 129.34 129.78 130.36 130.96 132.13 133.39 134.74 136.19 137.67 139.20 140.80
131.35 131.89 132.45 133.08 133.85 134.66 136.06 137.55 139.12 140.78 142.50 144.28 146.14
123.69 123.85 124.03 124.29 124.70 125.18 126.20 127.32 128.52 129.81 131.13 132.49 133.89
-3.04 -3.24 -3.44 -3.63 -3.83 -4.02 -4.19 -4.36 -4.51 -4.65 -4.79 -4.93 -5.06
-2.91 -3.11 -3.29 -3.49 -3.68 -3.87 -4.05 -4.22 -4.38 -4.51 -4.64 -4.77 -4.89
-3.03 -3.24 -3.44 -3.63 -3.83 -4.01 -4.19 -4.36 -4.52 -4.66 -4.80 -4.94 -5.07
-5.83 -6.10 -6.36 -6.61 -6.84 -7.04 -7.25 -7.43 -7.61 -7.80 -7.98 -8.17 -8.38
2046 2047 2048 2049 2050
150.29 152.30 154.35 156.47 158.63
142.48 144.17 145.90 147.70 149.55
142.75 144.44 146.17 147.97 149.80
142.47 144.16 145.89 147.69 149.54
148.07 150.06 152.09 154.19 156.34
135.35 136.83 138.34 139.91 141.53
-5.20 -5.34 -5.47 -5.60 -5.73
-5.02 -5.16 -5.30 -5.44 -5.57
-5.21 -5.34 -5.48 -5.61 -5.73
-8.60 -8.82 -9.04 -9.26 -9.47