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

Last week, we had the Chairman of Gloucester Coal, Mr James MacKenzie, who made this point about the coal industry:

We are talking about $1 a tonne in the coal industry. It is not something that is going to affect the economics of the coal industry...

That is why companies like Shell, BP, GE, AGL, Santos, Rio Tinto, BHP Billiton and Origin Energy have all come out in favour of a market price. They all accept that a price on carbon is the way to go to secure our future prosperity.

Ms O'Dwyer interjecting—

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