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

Thank you very much, Mr Speaker. The opposition are well aware of the things that I am adverting to in relation to the Treasury modelling. In fact, they have had detailed briefings at Senate estimates and yet they still persist with these claims. In testimony to the Senate, senior Treasury officials from the modelling team stated a number of things. These I quote. Treasury assumes:

… that countries that have made pledges at either Cancun or Copenhagen conventions through the UNFCCC process implement policies to achieve those pledges.

That is the assumption. Furthermore:

What we are assuming is that there are mechanisms in countries … that result in an implicit or explicit carbon price—

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