House debates

Wednesday, 1 June 2011

Questions without Notice

Emissions Trading Scheme

3:14 pm

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

and we will make up our mind in consultation with the multi-party committee about the direction in which we will go. But they want to come into the House, because they are so embarrassed about their clear lack of an alternative, and make all sorts of assertions which are simply not true. The thing they are most embarrassed about is the finding by Professor Garnaut that their so-called direct action policy, which is really a no action policy, will cost taxpayers billions and billions of dollars every year. This is what Professor Garnaut has had to say:

Other people's taxes have to rise to pay for expenditures under direct action.

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