Senate debates

Wednesday, 25 November 2009

Carbon Pollution Reduction Scheme Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Consequential Amendments) Bill 2009 [No. 2]; Australian Climate Change Regulatory Authority Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — Customs) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — Excise) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — General) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (CPRS Fuel Credits) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (CPRS Fuel Credits) (Consequential Amendments) Bill 2009 [No. 2]; Excise Tariff Amendment (Carbon Pollution Reduction Scheme) Bill 2009 [No. 2]; Customs Tariff Amendment (Carbon Pollution Reduction Scheme) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme Amendment (Household Assistance) Bill 2009 [No. 2]

In Committee

8:31 pm

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

While I am here, I am going to deal with it, if that is okay. In June 2009 ABARE published a paper entitled ‘Effects of the Carbon Pollution Reduction Scheme on the economic value of farm production’. I have parts of it here. The percentage in total on-farm input costs because of the CPRS, relative to the average calculated over 2003-04 to 2007-08, were as follows: in 2011—this is assuming agriculture is not covered—all broadacre industries were 0.06 per cent; wheat and other crops 0.05 per cent; mixed livestock crops 0.05 per cent; sheep 0.07 per cent; beef 0.05 per cent; sheep/beef—I am not quite sure why that is a different category—0.07 per cent; and dairy 0.18 per cent. That was a 2011 forecast, as I said, in an ABARE publication from June 2009.

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