Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

The IMF Managing Director has said overnight that this is the best and most comprehensive route to reduce environmental damage and to galvanise clean energy development and deployment by the private sector. This is confirmed by experience in many countries. The IMF says that comprehensive carbon pricing policies can effectively reduce emissions at least cost. And she goes on in that vein. This is the reason the government has put in place this fundamental reform.

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