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

Not only are there market measures developing within the economies that I referred to, just this week there were further details of emissions trading schemes in Guangdong Province—which, on its own, in China is our sixth largest trading partner—and also in Shenzhen. These are hugely significant developments.

The fact of the matter is that there have been no unimaginable price increases as forecast by the Leader of the Opposition. There has been no collapse of whole regions or industries. In fact, today, Arrium Mining announced 100 new jobs in Whyalla, that the opposition leader said would be wiped off the map. Jobs are growing. The economy is growing. This has been the most mendacious campaign we have seen against an important policy initiative and you are going to be held to account for everything you said. (Time expired)

Mr Ciobo interjecting—

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