Senate debates

Tuesday, 11 September 2012

Questions without Notice

Carbon Pricing

2:23 pm

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

Mr President, I ask a further supplementary question. In this context, I refer the minister to her response to my question yesterday, when she said she stands by the Treasury modelling of the carbon tax. Does that mean the minister stands by the warning in the Treasury modelling that the Australian mining sector will experience a significant decline in rates of return and that investment in coalmining will fall by nearly 13 per cent by 2020? How can Australians avoid the conclusion that this government is knowingly and recklessly destroying jobs in Australia's second most important export sector?

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