House debates

Tuesday, 23 August 2011

Questions without Notice

Carbon Pricing

3:15 pm

Photo of Julia GillardJulia Gillard (Lalor, Australian Labor Party, Prime Minister) Share this | Hansard source

Thank you very much, Mr Speaker. The member for Kooyong has asked me about modelling; he has asked me about global carbon markets. For the information of the House, global carbon markets in, say, 2005 were worth US$11 billion. In 2010 they were worth US$142 billion. I understand that the Leader of the Opposition may miss economic developments, given his lack of interest, but a global trading market that has gone from $11 billion in 2005 to $142 billion in 2010 I would suggest is very hard for anybody to miss. But apparently the Leader of the Opposition has missed it, the same way as he has missed—

Mr Simpkins interjecting

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