House debates

Tuesday, 13 March 2012

Questions without Notice

Carbon Pricing

2:21 pm

Photo of Joe HockeyJoe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. I refer the Treasurer to modelling by the New South Wales Treasury and Macquarie Generation that, based on current information, revenue from the sale of permits under the carbon tax could fall short by up to $5 billion a year between 2015 and 2020. How will the government fund this $25 billion carbon tax black hole—a real black hole—in its budget?

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