Eric Abetz (Tasmania, Liberal Party, Minister for Employment) Share this | Hansard source

In fact, a very strong case can be made that Australia's carbon tax has made the CO2emissions in the world so much worse. That is the perverse outcome of this carbon tax, because what has occurred is the exporting of a lot of Australian manufacturing, under clean environmental rules in this country, having been costed out of the business, moving to countries such as China where the CO2output is so much greater. Whilst Australia can boast—if we call it that—of a 0.1 per cent reduction courtesy of the carbon tax, we know that as a result of manufacturing deserting Australia those CO2emissions are occurring elsewhere in the world—exactly the same experience as Europe has had with its ETS and manufacturing going over to Africa.