Senate debates

Tuesday, 26 June 2012

Questions without Notice

Carbon Pricing

2:04 pm

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

As I said yesterday and again in the answer to the primary question, when designing this clean energy package the government was very conscious not only of the aluminium industry but of other energy intensive trade exposed industries. That is why there is a substantial provision of free permits contained in the clean energy package. That is why the liability of aluminium smelters for a carbon price is reduced to around $1.30 a tonne and not the figure that Senator Joyce was bandying around in the primary question. The senator referred to modelling. I again remind him that the Treasurer modelling shows that you can put in place a carbon price and jobs will grow by 1.6 million, we can increase our incomes and we can increase the size of our economy. This evidence stands in stark contrast to some of the claims that are being made by those opposite, which are simply part of a scare campaign.

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