Senate debates

Tuesday, 11 October 2011

Matters of Public Importance

Carbon Pricing

4:24 pm

Photo of Doug CameronDoug Cameron (NSW, Australian Labor Party) Share this | Hansard source

It has gone all quiet over there. These are canegrowers, people who actually understand the economics of doing something. They said that they will contribute to Australia's renewable energy market. Their perspective is that it is not a job destroyer, that the $120 million co-generation plant was based on the 20 per cent renewable energy scheme. They say, 'The carbon tax should enhance our revenue from co-generation.' That is what is happening. 'And we are hoping it will allow us to go ahead with another co-gen plant within a couple of years. These projects typically employ about 250 people during the construction period and a dozen or so under operations.' So, hundreds of construction jobs and dozens of full-time jobs being created because we are taking an initiative to put a price on carbon. It is only those on the other side who would deny this. Not only do they deny the science, but also they deny the economics. If you accept the science then you have an obligation to put up a proposition that reduces our carbon pollution at the least cost price. That is what the government has done. We have taken advice and that advice is to put a price on carbon and let the market determine the price. You put your cap in place, you put your price in place and you allow the market to determine the process. That is what is important for this country because we are about the future, not the past. We are about science and not being unscientific. We are about ensuring that future generations have a way forward for a decent environment in this country.

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