House debates
Wednesday, 10 October 2012
Bills
Clean Energy Amendment (International Emissions Trading and Other Measures) Bill 2012, Clean Energy (Charges — Excise) Amendment Bill 2012, Clean Energy (Charges — Customs) Amendment Bill 2012, Excise Tariff Amendment (Per-tonne Carbon Price Equivalent) Bill 2012, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Per-tonne Carbon Price Equivalent) Bill 2012, Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Per-tonne Carbon Price Equivalent) Bill 2012, Clean Energy (Unit Issue Charge — Auctions) Amendment Bill 2012; Second Reading
8:14 pm
John Murphy (Reid, Australian Labor Party) Share this | Hansard source
The Treasury modelling assumes that there will be an international market that Australia can link into by 2016. This market already exists. There is the European Union ETS and there is the UN Clean Development Mechanism market. In the next few years, as the Korean, Californian and regional Chinese carbon trading markets begin to operate, the prospect for internationally linked carbon markets will keep improving.
The Leader of the Opposition has reiterated that all of the increases in electricity prices were due to the price on carbon. That is false. Unfortunately for the Leader of the Opposition, he was, as everybody knows, immediately— (Time expired)
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