Kim Carr (Victoria, Australian Labor Party, Minister for Innovation, Industry, Science and Research) Share this | Hansard source

What we know is that a properly structured, a properly designed, emissions trading scheme will actually allow for there to be growth and for there to be the opportunities to create quality jobs. A properly designed emissions trading scheme will allow for prosperity to be shared. Of course, the alternative is the current policy—or what we understand to be the policy—being pursued by the opposition; that is, a do-nothing approach. What we have seen in recent times is a renaissance for those climate change sceptics that dominated the previous regime for 11 years. The international studies all highlight and the report today demonstrates that there is a need for government action, there is a need for green investment strategies, there is a need for green research and development technology transfers and there is clearly a need to ensure that there is international cooperation. (Time expired)