House debates Questions without Notice

Carbon Pricing

Thursday, 16 June 2011 House of Representatives

Greg Combet

Greg Combet Charlton, Australian Labor Party, Minister for Climate Change and Energy Efficiency

2:16 pm

I thank the member for Greenway for her question. The government plans to introduce a carbon price because it will cut pollution and drive investment in clean energy in the future. Importantly, it will do so at least cost to our economy, to businesses and to households. On this point, this morning the Prime Minister and I received letters from an international group, the Institutional Investors Group on Climate Change. That group comprises 72 members with assets under management of about $8.8 trillion—

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