Google AI
The Times Australia

The world's carbon price is a fraction of what we need – because only a fifth of global emissions are priced

  • Written by: Bei Cui, Research fellow, Monash University
The world's carbon price is a fraction of what we need – because only a fifth of global emissions are pricedShutterstock

At the end of last year, the world’s average price to emit one tonne of greenhouse gases was around US$5.29 (AU$7.77). For pricing to work as we want – to wean us off fossil fuels – it needs to be around $75 by the end of the decade, according to the International Monetary Fund.

Why is the price still so low? Because...

Read more: The world's carbon price is a fraction of what we need – because only a fifth of global emissions ar...

Times Magazine

Harmony Launches Voice AI Platform to Turn Customer Conversations into Revenue

Harmony’s proprietary, task-specific LLMs respond in about 200 milliseconds and produce a contact ra...

The Car Park Is Becoming Retail’s Next Customer Battleground

The Electric Vehicle Council released its State of EVs report at the end of September 2026 which f...

Apple Duo The $5,899 phone: How did we get here?

A folding screen is an engineering achievement. The willingness to spend several thousand dollars ...

Technology

Harmony Launches Voice AI Platform …

Harmony’s proprietary, task-specific LLMs respond in about 200 milliseconds and produce a contact ra...

Local News

Brisbane Launches Zero Dollar Store…

A Brisbane-based online marketplace is taking a different approach to buying and selling: everything...

Culture

Harmony Launches Voice AI Platform to Turn Cu…

Harmony’s proprietary, task-specific LLMs respond in about 200 milliseconds and produce a contact ra...

Travel

Broome and Byron Bay: protecting the environm…

On opposite sides of Australia, two celebrated coastal destinations face a shared challenge: maint...

The Times Features

Australia’s housing divide: a home for some, a weekly s…

Australia’s housing divide is increasingly about what remains after the housing bill is paid. A h...

One Plumber, Four Licences: Why Australia's Trade …

Trades are now the hardest jobs in Australia to fill, and this Redlands tradesman holds four licence...

How much do we really spend on food?

The supermarket receipt tells only part of the story. Coffee, lunches, takeaway and dining out can...