House debates

Tuesday, 2 February 2010

Questions without Notice

Emissions Trading Scheme

2:27 pm

Photo of Kevin RuddKevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

The nice thing about the member for Sturt is that he always puts an earnest case. Five weeks ago he put an earnest case in support of an emissions trading scheme; today he puts an earnest case against an emissions trading scheme, but it is always earnest. In fact, more than half of them over there supported the scheme, six weeks ago, that they are now arguing against. I find that interesting. But consistency has never been their strong suit.

The question goes to the cost of living impact of the Carbon Pollution Reduction Scheme. The impact on the CPI is 1.1 per cent, as indicated in the modelling which was released by the Treasury. The Leader of the National Party asked a question about the impact on bread and milk. Within that price index milk goes up by 0.8 per cent, bread goes up by 0.7 per cent and meat by 0.7 per cent. We have been up front about the impact on prices. I would suggest that the Leader of the Opposition, as he built up to the announcement of his alternative proposal today, would indicate what the cost flowthrough of his proposal is. We have been transparent in the papers, in the attachments and in the Treasury numbering on what flows through to individual working families. It is there in black and white. Those opposite are pretending this: they can act on climate change, but it can be cost free for the entire economy. Business does not have to pay and working families do not have to pay. Does the taxpayer have to pay? Somebody has to pay. Let me tell you: in this proposal put out today, there is not much by way of substance.

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