House debates

Thursday, 25 August 2011

Questions without Notice

Carbon Pricing

3:09 pm

Photo of Robert McClellandRobert McClelland (Barton, Australian Labor Party, Attorney-General) Share this | Hansard source

Members should be advised that the government was aware of that report in designing the regulatory framework that will apply to the arrangements that we are developing in Australia. There was some debate, I think five to six weeks ago, regarding the extent and the intensity of that regulatory framework and, indeed, in many cases quite strong penalties that are being applied to prevent that sort of behaviour. That information has been within the knowledge of the government. It has been taken into consideration in the design of the framework. In terms of the relevant markets that are part of that design, the relevant minister has advised the public of those matters.

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