Kevin Rudd (Griffith, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

The price has rarely dropped below 20 euros and at times it has gone above 30 euros. But I say to honourable members opposite that, given that they supposedly represent the party of business and markets, if they were to begin to look at the projections forward from market advisory services, for example, the Bloomberg New Energy Finance report of December last year, that report estimated that the EU carbon price is likely to be around 24.7 euros by the year 2015. I say to those opposite that if they are asking questions about carbon price, they in fact represent the realities of what is occurring around the world. It contrasts with a $48 billion plan, the so-called 'direct action plan', unfunded and uncosted, by those opposite. (Time expired)

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