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
Thank you very much, Mr Speaker. The opposition are well aware of the things that I am adverting to in relation to the Treasury modelling. In fact, they have had detailed briefings at Senate estimates and yet they still persist with these claims. In testimony to the Senate, senior Treasury officials from the modelling team stated a number of things. These I quote. Treasury assumes:
… that countries that have made pledges at either Cancun or Copenhagen conventions through the UNFCCC process implement policies to achieve those pledges.
That is the assumption. Furthermore:
What we are assuming is that there are mechanisms in countries … that result in an implicit or explicit carbon price—
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