Senate debates

Monday, 4 July 2011

Matters of Public Importance

Carbon Pricing

4:21 pm

Photo of Louise PrattLouise Pratt (WA, Australian Labor Party) Share this | Hansard source

No. I said that we know that it is 50 per cent of the money collected. It is going to depend on how much money is collected. This means millions of households are, in fact, going to be better off and they will be able to invest in reducing their energy consumption and pocket the difference. Most importantly, we know this assistance will be permanent. I do not see why you are calling on us to rush this. When people see it, when they are taken through the detail, this package will win people's confidence. A price on carbon is a price on pollution. It will make dirty energy more expensive and clean energy—like solar, gas and wind—cheaper, as it should. It is only going to apply to the biggest polluters in our economy—fewer than 1,000—and they will have to pay for the pollution that they emit. This is the most effective and cheapest way for us to build a clean energy economy.

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