Senate debates Questions on Notice

Carbon Pricing (Question No. 977)


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:

Given that in the medium global action scenario in the Treasury modelling, Treasury assumes that countries in the Organization of the Petroleum Exporting Countries [OPEC] enter co-ordinated global action on carbon pricing from 2021:

(1) What probability does Treasury attach to the idea that countries like Iran, Qatar, Saudi Arabia, Venezuela, Syria and Yemen will have operational and internationally-linked emission trading schemes (ETSs) within 10 years.

(2) If they are not expected to have internationally-linked ETSs by this time, what does it mean to say that they will join co-ordinated global action on carbon pricing by 2021.

Comments

No comments