Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

The Labor-Green carbon tax arguably makes climate change worse, not better, because it shifts emissions to other parts of the world where for the same amount of economic output they would be higher than they would have been if that production had happened more environmentally efficiently here in Australia. What we are committed to is to reducing emissions in Australia in a way that is good for the environment and good for the economy.