House debates

Thursday, 21 June 2012

Questions without Notice

Carbon Pricing

2:11 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

I thank the Deputy Leader of the Opposition for her question, because I, like everyone on this side of the House, have always believed in pricing carbon—in putting in place an emissions trading scheme to do that. That is what we are doing with a fixed price for three years.

Of course, there was once a time when those opposite believed in an emissions trading scheme as well—until the current Leader of the Opposition got rid of the former Leader of the Opposition, the member for Wentworth. We are getting these hysterical claims from the opposition about the fact that there will not be any investment, that the economy will not grow and that price rises will go through the roof, and they are disproved day after day after day. This is what the opposition leader had to say recently—

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