House debates

Monday, 27 May 2013

Distinguished Visitors

Carbon Pricing

2:34 pm

Photo of Greg HuntGreg 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?

Comments

No comments