Senate debates

Monday, 19 September 2011

Questions without Notice

Carbon Pricing

2:47 pm

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

I would like to, Mr President, but they seem to be very excited today. The Energy Security Fund to which I referred includes an administrative allocation of free permits and cash payments worth about $5½ billion over six years to highly emissions-intensive coal-fired electricity generators.

In relation to Victoria, my recollection is that the member for North Sydney has also confirmed that the coalition's policy would be to shut down coal-fired power generators in the Latrobe Valley and replace them with gas, and of course you do not have the assistance that the government is proposing.

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