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As petrol prices rise, will carbon emissions come down?

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
As petrol prices rise, will carbon emissions come down?Bianca de Marchi/AAP

No one likes paying A$1.80 per litre for petrol. But amid forecasts of prices climbing to $2.10 as Russian’s invasion of Ukraine drags on, it’s possible some good could come of that pain – including greater energy independence and a faster path to net-zero emissions.

Two months ago, at the start of 2022, the...

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