Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

I thank the member for Greenway for her question, because it is imperative that we price carbon to ensure that we have sustainable economic growth. Sustainable economic growth does require a price on carbon because we need the investment to drive the technology to make ourselves much more energy efficient. We need that investment to get the investment in renewable energy so that we can create the jobs for the future. Of course, the economics of this are not seriously contested by many. They certainly are by sceptics on the other side of the House, but the economics of this were accepted widely in this parliament only 18 months ago. The economics of this go back to the report by Lord Stern in 2006.

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