Senate debates Questions on Notice

Carbon Pricing (Question No. 972)


Mathias Cormann

Mathias Cormann WA, Liberal Party, Shadow Assistant Treasurer

asked the Minister representing the Treasurer, upon notice, on 18 August 2011:

With reference to the Treasury Carbon Tax modelling, Strong growth, low pollution: Modelling a carbon price, and specifically Table 3.5 (Global headline indicators) on p. 40 of the Treasury modelling:

(1) Why does the level of actual emissions in 2010 differ across the 3 scenarios.

(2) Is it correct to infer from the data in this table and elsewhere that the Treasury modelling envisages a real AUD/USD exchange rate of around $1.07 in 2010, rising to around $1.14 in 2020 and then dropping back to around 76c by 2050.

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