Senate debates

Tuesday, 11 October 2011

Questions on Notice

Carbon Pricing (Question No. 982)

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Hansard source

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 relation to emissions intensity in the global electricity generation sector, a noticeable feature of Chart 3.12 in the Treasury modelling is that, leaving aside the two big 'steps down' in this chart, it does not otherwise show much improvement in emissions intensity (either in the baseline or the medium global action scenario) until around 2026-27, when emissions intensity starts to drop steadily: Is this driven by the modelling's assumption about when carbon capture and storage becomes commercially viable; if not, what is driving it.

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