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

We want to impose a carbon price so that this economy can move efficiently to a cleaner energy economy, so we can exploit the opportunities that will continue to come for low-carbon goods and services globally. The difference between us and the opposition, if they want to talk about economic lunacy, is that our policy is economically efficient and their policy costs more. The party of Peter Costello is coming to the Australian people and saying, 'We want to impose a policy that doubles the cost of this transition.' They want to impose a policy that doubles the cost for Australian business and doubles the cost on the economy and that is to be funded by higher taxes—$1,300 a year—imposed on Australian households without any assistance. And they want to talk to us about economic lunacy!