Senate debates
Tuesday, 11 October 2011
Questions on Notice
Carbon Pricing (Question No. 980)
Mathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Hansard source
asked the Minister representing the Treasurer, upon notice, on 18 August 2011:
With reference to the Treasury Carbon Tax modelling, Strong growth, low pollution: Modelling a carbon price:
(1) Is it correct that Treasury modelling envisages that the bloc 'Other south and east Asia' will reduce its emissions by around twice as much in 2020 in percentage terms, from 2001 levels, as either the United States of America or the European Union.
(2) What probability does Treasury attach to this actually occurring, and where does this bloc's emissions stand currently, at the half-way mark between 2001 and 2020.
(3) Is it a correct interpretation of Table 3.9 of the Treasury modelling that this bloc is projected to reduce its emissions by more than 100 per cent by 2050, relative to 2001 levels, under the medium global action scenario; if so, how is this possible.
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