Joe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. Has the Treasurer seen the report by Verso Economics in the United Kingdom which finds that, for every job created in the UK in renewable energy, 3.7 other jobs are lost? It states:

Research in Spain, Germany and by the EU suggests that net employment effects are negative, with the likely opportunity costs or costs associated with higher energy prices outstripping the creation of green jobs.

Treasurer, how does this fit with your claim that a carbon tax would create additional jobs?

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