House debates

Monday, 18 November 2013

Bills

Clean Energy Legislation (Carbon Tax Repeal) Bill 2013, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Carbon Tax Repeal) Bill 2013, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) (Transitional Provisions) Bill 2013, Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Carbon Tax Repeal) Bill 2013, True-up Shortfall Levy (General) (Carbon Tax Repeal) Bill 2013, True-up Shortfall Levy (Excise) (Carbon Tax Repeal) Bill 2013, Climate Change Authority (Abolition) Bill 2013, Customs Tariff Amendment (Carbon Tax Repeal) Bill 2013, Excise Tariff Amendment (Carbon Tax Repeal) Bill 2013, Clean Energy (Income Tax Rates and Other Amendments) Bill 2013, Clean Energy Finance Corporation (Abolition) Bill 2013; Second Reading

4:58 pm

Photo of Andrew LeighAndrew Leigh (Fraser, Australian Labor Party, Shadow Assistant Treasurer) Share this | Hansard source

I would be delighted to debate you on these issues at some point, Josh, but the key point here is that the Liberal Party is running away from markets. We now see in China city-based emissions trading schemes being extended across cities, covering millions of people. China will probably have its nationwide emissions trading system up and running by 2020, joining over 30 countries worldwide that are using emissions trading schemes as the best way of reducing carbon pollution. But while a nominally communist Chinese government is running towards a market approach, the nominally free market Liberal-National parties are running towards command and control—a system so interventionist that it would make Lenin blush.

The number of bureaucrats that will be required to administer direct action is far higher than the pricing scheme and the confidence in business expressed by such a scheme far lower than the scheme the nation has in place. (Time expired)

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