Senate debates

Wednesday, 15 May 2013

Questions without Notice

Carbon Pricing

2:31 pm

Photo of Kate LundyKate Lundy (ACT, Australian Labor Party, Minister Assisting for Industry and Innovation) Share this | Hansard source

As I was saying, from 1 July we will move from a fixed carbon price to a market price linked with Europe, and we are now expecting the carbon price to fall from $25.40 in 2014-15 to $12.10 in 2015-16. This is relevant because we are committed to implementing a carbon price in an economically responsible way. We are expending a huge amount of money through our carbon reduction programs, through our support for clean energy, and we will continue to do that. (Time expired)


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