House debates
Monday, 21 November 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, Australian Renewable Energy Agency Bill 2011, Australian Renewable Energy Agency (Consequential Amendments and Transitional Provisions) Bill 2011, Excise Tariff Amendment (Condensate) Bill 2011, Excise Legislation Amendment (Condensate) Bill 2011, Trade Marks Amendment (Tobacco Plain Packaging) Bill 2011; Returned from Senate
2:32 pm
Greg Combet (Charlton, Australian Labor Party, Minister for Climate Change and Energy Efficiency) Share this | Hansard source
On the issue of modelling, it is simply wrong to suggest, as the coalition has been suggesting, that the government's Clean Energy Future plan somehow relies upon an economy wide cap-and-trade emissions trading scheme in the United States. We have heard this being implemented by 2016 and we have heard it repeated here in question time.
Let me make something clear about the Treasury modelling. The Treasury modelling makes two key assumptions about international action: firstly, that countries meet the low-end pollution reduction targets for 2020 that they committed to under the UN Framework Convention on Climate Change. The second important assumption is that countries have access to international abatement—countries including Australia having access to international carbon markets. Those are the two important assumptions that underpin the Treasury modelling. They are both completely reasonable assumptions. Nothing—
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