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

My question is to the Minister representing the Minister for Climate Change and Energy Efficiency, Senator Wong. Given President Obama confirmed last year that the United States would not have a carbon tax or any equivalent price on carbon by 2016—which is contrary to a key assumption made by the government in its carbon tax modelling—does the government now accept that the impact of their carbon tax on the cost of living, on the economy and on jobs will be much worse than they have tried to make people believe based on their now roundly discredited modelling report?