Penny Wong (SA, Australian Labor Party, Minister for Climate Change and Water) Share this | Hansard source

I again make the point that the government’s modelling shows that, under the CPRS, iron and steel production will continue to grow. This is an issue about what is a fair contribution from industries towards the task of reducing emissions. Those opposite might have the view that industry has no role in this, but this government does believe that industry should pay its fair share. The figures that were in the announcement that the senator is referring to are a very high estimate of the costs. The government’s view, considering what has been put on the public record by BlueScope, is that the costs per tonne of steel are significantly less than the maximum costs which are postulated. We will continue to work with BlueScope, OneSteel and other industries that have not yet had their activity definition finalised. As I said, some 20-0dd have— (Time expired)