Tony Abbott (Warringah, Liberal Party, Leader of the Opposition) Share this | Hansard source

that emissions will go up from 578 million tonnes to 621 million tonnes—an eight per cent increase in our emissions, on your own figures. If you go down the same page, Parliamentary Secretary Dreyfus, you see that, by 2050, we will not cut emissions by 80 per cent; we will cut them by six per cent. The $131-a-tonne carbon tax reduces our emissions by—wait for it!—six per cent. We will achieve the 80 per cent emission reduction that he boasts about only because we will spend $57 billion, 1½ per cent of GDP, on foreign carbon credits from foreign carbon traders.

This is a black day for Australian democracy. This carbon tax is a sign of the Prime Minister's willingness to betray people for power. It is a sign of her unwillingness to listen to people and her unwillingness to admit to making mistakes. I say to this parliament that we on this side will work every hour of every day to repeal this bad tax based on a lie. We will oppose it with every breath in our bodies in opposition and we will rescind it in government. I seek leave to table 30,000 signatures. This petition by 30,000 Australians— (Time expired)

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