House debates

Tuesday, 31 May 2011

Questions without Notice

Carbon Pricing

2:29 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

I know why they are so embarrassed. It is because the shadow Treasurer used to have a policy for a market based mechanism as well. He used to support the member for Wentworth on a market based mechanism. We know when he changed his mind, because he went on Twitter and asked everybody to tell him what his convictions were.

We on this side of the House support a market based mechanism that will price carbon for the 1,000 largest polluters and use the revenue to assist households. What they want to do is to increase the tax on average taxpayers and give the money to the biggest polluters. We have not seen a serious policy from those on that side of the House in 3½ years.

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