Sophie Mirabella (Indi, Liberal Party, Shadow Minister for Innovation, Industry and Science) Share this | Hansard source

Is the Australian Food and Grocery Council's modelling correct when it says that we should expect an increase in food and grocery prices of three and five per cent under the CPRS modelling? Is Citigroup correct when it says a carbon tax will impact on the profitability of supermarket retailers by between two and four per cent? If not, why do you refute these figures? Has anyone from the department, the minister's office or your office met with the Australian Food and Grocery Council to consult on the impact of a carbon tax on food and groceries? Have either you, Minister Carr or Minister Combet commissioned any modelling or seen any modelling about the impact your carbon tax will have on food and groceries? Parliamentary secretary, is it correct that your government signed an agreement late last year, as part of the Cancun process through the UN, which now requires Australia to contribute to a so-called 'green climate fund'? Is it also correct that payments to the fund are sourced from approximately 10 per cent of the carbon tax revenues raised from developed nations? Is it also true that the government has committed to spending $599 million on payments to this fund over the current three-year budget period and that about $470 million has already been allocated? If not, what are the correct figures? If the starting price of the carbon tax was to be $25 a tonne, what would be the total amount that Australia would need to pay into the green climate fund in the first year of the tax?

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