House debates
Monday, 27 May 2013
Distinguished Visitors
Carbon Pricing
2:34 pm
Greg Hunt (Flinders, Liberal Party, Shadow Minister for Climate Action, Environment and Heritage) Share this | Hansard source
My question is to the Prime Minister. I remind the Prime Minister of the US Congressional Budget Office carbon tax assessment, which stated last week:
… such a tax would have a negative effect on the economy. The higher prices it caused would diminish the purchasing power of people’s earnings, effectively reducing their real … wages.
… … …
Investment would also decline, further reducing the economy’s total output.
Why is the US protecting their economy from a carbon tax when her government is doing the opposite?
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