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

I have a supplementary question, Mr President. Given that the government's own Treasury modelling indicates that Australia's GDP by 2050 will be $100 billion lower in that one year alone as a result of the carbon tax—and that is in today's dollars—what is the government's assessment of the cumulative dollar cost of that lower, slower growth in GDP caused by the government's carbon tax and emissions trading scheme between now and 2050?