At the National Reform Summit today Bill Shorten pleaded for business to support his commitment to bring back a supercharged carbon tax.
The carbon tax was a $15.4 billion failed experiment. It didn’t reduce emissions in any meaningful way, yet Labor still wants to bring it back.
It’s further proof that Labor doesn’t have a clue. They’re asking business to support a failed policy.
Bill Shorten has promised to bring back a supercharged carbon tax, but he has no plan to implement it, and he won’t say what it’s going to cost.
In fact, Bill Shorten refuses to tell us how much power bills will rise under his carbon tax.
The Australian people and Australian businesses have already rejected the carbon tax but Bill Shorten hasn’t listened. Labor never does.
Modelling commissioned by Labor while in government shows that the new supercharged carbon tax which will cut Australia’s GDP by $633 billion by 2030.
Bill Shorten is trying to trick the Australian people into believing it’s all a scare campaign – but these figures have been confirmed by the Department of the Environment.
It doesn't matter what you call it, Bill – a price on carbon through a carbon tax or an Emissions Trading Scheme will jack up power prices for families, pensioners and businesses.
The result is the same and families will suffer as a result.
Only the Coalition is committed to taking serious action to tackle climate change without hurting Australian families and businesses in the process. And we’re achieving significant results.
In the first auction alone, the Emissions Reduction Fund contracted 47 million tonnes of emissions reduction – that’s four times the amount achieved during the entire two-year lifespan of the carbon tax experiment.