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Table 4: Gross Output

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Gross Output

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

Meat processing

0.6%

-3.9%

-14.1%

-13.6%

-14.2%

-4.9%

Dairy processing

0.4%

-2.2%

-8.4%

-8.0%

-8.5%

-2.6%

Wood processing

0.9%

0.8%

2.6%

3.8%

2.5%

0.6%

Pulp and paper products

1.0%

0.7%

2.4%

3.8%

2.2%

0.0%

Oil refining and products

-0.4%

-3.6%

-11.7%

-12.1%

-10.5%

-11.3%

Chemicals - industrial

0.8%

-0.2%

-1.1%

-0.1%

-1.2%

-2.1%

Non-metallic mineral prod.

0.3%

-0.6%

-2.4%

-1.9%

-0.7%

-1.9%

Basic metals

1.4%

-1.8%

-7.5%

-5.7%

1.8%

-4.7%

Electricity generation

-0.2%

-2.8%

-9.4%

-9.4%

-8.9%

-9.0%