House debates
Thursday, 21 June 2012
Questions without Notice
Carbon Pricing
2:27 pm
Ewen Jones (Herbert, Liberal Party) Share this | Hansard source
My question is to the Acting Prime Minister. Is the Acting Prime Minister aware that CANEGROWERS, the peak industry body for the sugar industry, has found that the cost of electricity and water for irrigating their crops will reduce farm profitability by over one-third in the next year alone because of the carbon tax? Given that cane farmers do not set their own price for their product, will they be compensated, or does he expect them to either wear a drop in profitability of one-third or just go out of business?
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