Louise Pratt (WA, Australian Labor Party) Share this | Hansard source

Of course they are going to pass it on, but they need an incentive. They will pass some of it on and they can reduce their costs. That is why we have a transition package. That is why we help households adjust. That is why we have a transition package for those industries to be able to adjust. It is a market mechanism. A price on carbon is a price on pollution. It is the most effective and cheapest way for us to build a clean energy economy.

No-one is denying the fundamentals of what this looks like. We know that all revenue from a carbon price will be used to provide households with fair and generous assistance. It will support jobs in the most effective industries and will support investment in clean energy. It is about making the economy transition. It is about helping households transition. It is critically important to this nation's future. It is critically important to our children's future.