Senate debates

Wednesday, 21 September 2011

Questions without Notice

Carbon Pricing

2:21 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

One thing I would say about Mr Howard is that he did not ever have an economic team that presented a $70 billion black hole, which is what you are presenting. So if Senator Brandis wants to defend John Howard, perhaps he should start to look at his own team. I also make the point that, as the Treasury's modelling shows, we can price carbon, grow our economy, increase jobs, increase our incomes and reduce emissions; unlike the opposition's policy, which will double the cost for Australian business to achieve the same outcome. (Time expired)

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