Senate debates

Tuesday, 21 August 2012

Questions without Notice

Carbon Pricing

2:06 pm

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

I certainly cannot name a country that has a price of $1,300 per household for every year for a decade, but that is what we have got on offer over there—$1,300 per household for every year out to 2020 to get to the same target as the government, just because those National Party members are running economic policy over there and the Liberal Party under Mr Abbott have walked away from a market mechanism and a price on carbon to a scheme funded by taxpayers, administered by bureaucrats and costing Australians more. That is the reality. That is the highest cost scheme on the planet.

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