Joe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. I remind the Treasurer that European carbon permits are currently trading at just $6.60 tonne, which is a 37 per cent fall in the price in the last 12 months. Given that the Australian carbon tax is currently $23 a tonne and in just two weeks will increase to $24.15 a tonne, will the Treasurer explain to the Australian people why his carbon tax is going up and up when in the rest of the world carbon prices are coming down and down? (Time expired)

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