Senate debates

Wednesday, 12 October 2011

Questions without Notice

Carbon Pricing

2:13 pm

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

I can confirm that the Treasury modelling shows that Australia can continue to grow with a carbon price, that GNI per capita will continue to grow at about 1.1 per cent per year, that average incomes will continue to grow strongly and that jobs will grow strongly, and that carbon pollution will fall by about 160 million tonnes by 2020 from what it would otherwise be.

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