House debates

Tuesday, 11 October 2011

Bills

Clean Energy Bill 2011, Clean Energy (Consequential Amendments) Bill 2011, Clean Energy (Income Tax Rates Amendments) Bill 2011, Clean Energy (Household Assistance Amendments) Bill 2011, Clean Energy (Tax Laws Amendments) Bill 2011, Clean Energy (Fuel Tax Legislation Amendment) Bill 2011, Clean Energy (Customs Tariff Amendment) Bill 2011, Clean Energy (Excise Tariff Legislation Amendment) Bill 2011, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment Bill 2011, Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment Bill 2011, Clean Energy (Unit Shortfall Charge — General) Bill 2011, Clean Energy (Unit Issue Charge — Auctions) Bill 2011, Clean Energy (Unit Issue Charge — Fixed Charge) Bill 2011, Clean Energy (International Unit Surrender Charge) Bill 2011, Clean Energy (Charges — Customs) Bill 2011, Clean Energy (Charges — Excise) Bill 2011, Clean Energy Regulator Bill 2011, Climate Change Authority Bill 2011, Steel Transformation Plan Bill 2011; Second Reading

9:47 am

Photo of Craig EmersonCraig Emerson (Rankin, Australian Labor Party, Minister for Trade) Share this | Hansard source

This is a historic week in which we are debating a vital economic and environmental reform, the government's policy to limit carbon emissions into the atmosphere. My own association with this issue goes back to before 1989. Indeed, in 1989 the Hawke government released a statement titled 'Our country our future'. That statement included expressions of concern about and commitment to address the problem of global warming. It was one of the very first statements that was made and certainly the first by an Australian government. I was proud to have been associated with the preparation of that document. Then, in the lead-up to the 1990 federal election, I was asked by the Prime Minister to make recommendations as to the expenditure of a modest amount of money—my recollection is that it was $30 million, but in today's terms that would be a significant amount of money—and I recommended the establishment of a national greenhouse office. So my own interest in and concern with this issue date back more than 20 years.

I come to this debate now in 2011 as both an economist and the Australian Minister for Trade. The Labor Party in government have a proud tradition of not waiting for other countries to implement economic reforms before we do so ourselves in our great country, Australia. I refer to the policy to implement comprehensive health insurance for all Australians, originally in the form of Medibank and then subsequently in the form of Medicare. Medibank having been created by the Whitlam government, the coalition government between 1975 and 1983 then announced seven different health policies in seven years, and it took a Labor government to re-embrace reform in the form of Medicare.

I refer to national superannuation, which was opposed root and branch by the coalition in opposition. It was to destroy the Australian economy, if you were to believe the coalition: business could not afford it, it was a bad reform, it was a bad idea and should never be implemented. Indeed, the coalition voted strongly against a national superannuation guarantee. Today we have around $1.3 trillion in funds under management, a great savings effort on behalf of our country, as a result of those reforms. It was, again, an example of a reform that was implemented by a Labor government without waiting to see what other countries did in respect of national savings through national superannuation.

It was a Labor government that recognised the wonderful opportunities of the Asian century, going back to Gough Whitlam, who recognised formally the People's Republic of China as one of his first acts in government in 1972, and then to Bob Hawke, who foresaw in a visionary way the Asian century and set about fashioning an open, competitive economy—again, very much against the wishes of many in the community, many in the business community and many in the coalition, though I do acknowledge that the then Leader of the Opposition, John Howard, lent bipartisan support to a substantial part of that program. But it actually took Labor to do the hard work in creating an open, competitive economy through a floating of the currency, something that the coalition never did; through liberalising the financial services sector, which the coalition never did but was always going to do; and then through liberalising product markets and, in the labour market, creating enterprise bargaining as the central organising principle. This takes us to today's debate on the Clean Energy Bill 2011 and the related legislation. Today's debate is based on an argument about science. I have been following the debate through the scientific community for years. Yes, there are alternative views, and I was interested in those alternative views, but those alternative views have not succeeded in overcoming the compelling argument, based on science, for action on climate change. I have approached those issues with open eyes and an open mind. I have come to the conclusion that we cannot wait; we need to act on climate change, because it would be highly irresponsible and highly damaging to Australia's national interest not to do so.

The scientific evidence assembled and summarised by the opposition leader says a great deal—all of it adverse—about the science, because the opposition leader said in July of this year, very recently, 'See, one of the things that people have not quite twigged to is that carbon dioxide is invisible; it's weightless and it's odourless.' This was not just one of those off-the-cuff remarks that the opposition leader says he makes from time to time and should not be regarded as gospel truth, because he repeated it in the same month more than a fortnight later when he said, 'This is a draconian new police force chasing an invisible, odourless, weightless, tasteless substance.' It beggars belief that the Leader of the Opposition, who says he is a Rhodes scholar and has an economics degree from Sydney university, has committed to reducing by 140 million tonnes a substance that he describes as 'weightless'. I think this is the most ridiculous proposition that has ever been put to the Australian parliament. The coalition, led by the opposition leader, has come to the view, after this entire scientific debate, that carbon dioxide is weightless and yet the coalition is committed to reducing the incidence of this 'weightless' substance in the atmosphere by 140 million tonnes by 2020. Go figure.

The coalition's plan says that this is consistent with its target of reducing carbon emissions by five per cent on 2000 levels by 2020. This is a bipartisan target—that is, a five per cent reduction on 2000 levels by 2020. Yet, on the day that the opposition leader affirmed the five per cent bipartisan reduction target, he also described it as 'crazy'. This tells you about the true motivation of the opposition leader. He does not care about the future of this country; what he actually cares about is his own political interests.

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