Kate Lundy (ACT, Australian Labor Party, Minister Assisting for Industry and Innovation) Share this | Hansard source

Carbon pricing remains the most effective and economically responsible approach to reducing emissions. The carbon price is working to cut emissions. During that period, the economy continues to grow, thanks to the economic management by the Labor government. What the fixed-price period shows is that it provides certainty to business while the scheme is introduced, kick-starting the investment in renewable energy and clean technologies which will transform our economy.