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

I remind Senator Brandis that he went to the 2007 election advocating an emissions trading scheme, something he then ignored. Whilst I am on the point of international action from the previous question that I did not get through, I will say this. Perhaps while Mr Abbott is in the United Kingdom he might want to talk to a Conservative who actually understands, just as Mr Howard once did, the importance of pricing carbon. He might want to talk to Prime Minister David Cameron.

The reality is that those on the other side have abandoned any pretence of economic responsibility and economic credentials. Their policy makes no sense, will not do anything and will put more cost on Australian business and Australian households for the same environmental outcome. That is the coalition's policy. The reality is that they have no policy credentials on this issue whatsoever.