House debates Questions without Notice

Carbon Pricing

Wednesday, 2 March 2011 House of Representatives

Wayne Swan

Wayne Swan Lilley, Australian Labor Party, Treasurer

2:44 pm

Nothing could be more relevant than having an emissions trading scheme, which is the cheapest and most-efficient way to reduce carbon pollution and drive investment in the jobs of the future. There is a very clear contrast between our approach and that of those opposite. What they want to do is use a direct action policy which taxes families to hand money to polluters. That is inefficient and it is not sustainable. As the modelling which has been published today shows, their direct action model will cost $30 billion, or $720 for every family, when it is fully operational. There is a very clear contrast.

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