Greg Combet (Charlton, Australian Labor Party, Minister for Climate Change and Energy Efficiency) Share this | Hansard source

Facts are very important in this debate. And it is also important to look at the outlook for the coal industry in this respect. ABS data that was released yesterday revealed that coal exploration in Australia reached a record high—66 per cent higher than the December 2010 quarter, the last period before we released the carbon pricing framework. This is the industry that the Leader of the Opposition said 'would be destroyed' by a carbon price. There are record levels of investment and exploration going on.

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