House debates

Wednesday, 23 February 2011

Questions without Notice

Emissions Trading Scheme

2:59 pm

Photo of Greg CombetGreg Combet (Charlton, Australian Labor Party, Minister for Climate Change and Energy Efficiency) Share this | Hansard source

The message which echoes the position that the government has been articulating for some period of time is that not only is a carbon price needed to resolve the uncertainty for investors in the energy sector but it will, in fact, mitigate price pressures in the electricity market for some time to come. This is something that it would be useful for the opposition to understand. We have before us a Liberal Party that does not understand markets and a Liberal Party leader who does not understand the allocative efficiency of markets.

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