Senate debates Questions without Notice

Carbon Pricing


Penny Wong

Penny Wong SA, Australian Labor Party, Minister for Finance and Deregulation

2:13 pm

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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