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

We as a government are extremely concerned about the impacts of climate change, which is why we have put in place a carbon price. It has been operating since 1 July 2012 and we are already seeing an impact in cleaning up Australia's economy. There are a number of factors and contributions to how we will achieve this. Indeed, one of those is that electricity emissions are down. Electricity accounts for the majority of emissions covered by the carbon price, and emissions from the National Electricity Market fell by 7.4 per cent in the first 11 months of carbon pricing. That is a reduction of almost 12 million tonnes of pollution.