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
Craig Emerson (Rankin, Australian Labor Party, Minister for Trade) Share this | Hansard source
sorry; the Leader of the Opposition—has any commitment to reducing emissions, then we would need to examine the government's emissions trading scheme juxtaposed against the direct action plan. The irony—though it is no great irony in my experience—is that Labor is embracing a market based solution to reducing emissions whereas the coalition is embracing a centrally planned solution. This is not the first time this has happened—I have already referred to the creation of the open competitive economy, which was a market-based approach to policy by the previous Labor government—and the direct action plan would be a very expensive way of reducing emissions by five per cent. Indeed, the cost per household would soar if the coalition were to be elected. If Mr Abbott were to carry through on his commitment to that five per cent reduction—
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