Australia would fail to meet its Paris Agreement commitments to cut greenhouse gas emissions even with a $US75 carbon tax that would drive up Australia's electricity prices by 75 per cent over the next decade.

Research by the International Monetary Fund, released on Friday, shows Australia is still so dependent on coal and other greenhouse gas-intensive energy sources that even direct intervention to address climate change won't be enough for the country to reach its international commitments.

A $US75 a tonne carbon tax would drive up Australia's power prices by 75 per cent but still see the nation's emissions fall short of its Paris Agreement commitments. Credit:BHP

The government has repeatedly said Australia will reach its Paris commitment to slice greenhouse emissions by between 26 and 28 per cent on 2005 levels by 2030, in a "canter".

Since the abolition of the carbon tax in 2014, Australia's greenhouse gas emissions have increased. Latest figures showed that, in the 12 months to the end of March, Australia's emissions were up by 0.6 per cent.