Nick Minchin (SA, Liberal Party, Minister for Finance and Administration) Share this | Hansard source

This is really an idiotic question because we have established a national and highly qualified expert task force to examine this. This is an extremely complicated matter. The European emissions trading scheme has collapsed in on itself. It simply has not worked. We have to get this right. We cannot just rush in like the Labor Party would have it. We are going to get this right. The report will be with us on 31 May and we will announce the outcome after that. We are taking considered, solid steps to ensure that, if we are going to go down this path, we do it sensibly and do not end up like the Europeans with a scheme which has collapsed in on itself.