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Labor must outline their petrol and energy price impacts.



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Wed, 6th February 2008 LABOR MUST OUTLINE THEIR PETROL AND ENERGY PRICE IMPACTS

The Hon Greg Hunt MP Shadow Minister for Climate Change, Environment and Urban Water (to 22 September 2008)

Commenting on today's speech to the Australian Industry Group in Melbourne by the Minister for Climate Change and Water, Penny Wong, the Shadow Minister for Climate Change, Environment and Urban Water, Greg Hunt said:

''The Labor Party needs to be upfront and say when it will spell out more details and how much their measures will push up petrol and power prices.

''Australian families and businesses deserve to know what the impact will be on their hip-pocket.

"The Coalition has previously announced plans to set up a special climate change fund to reduce the impact of higher energy costs resulting from emissions trading.

''The ALP must now reveal whether they will support the fund which was put forward by the previous government.

''They must be absolutely honest that they are proposing higher petrol and electricity prices - not lower ones as Mr Rudd pledged at the election.

''It is also extraordinary that the speech made no reference whatsoever to the 20 per cent global emissions currently resulting from deforestation primarily in the world's rainforests.

''Will Labor commit to furthering the Global Initiative on Forests and Climate which was unveiled by the Coalition Government? Why have they been silent on the single area of global greenhouse reductions which offers the greatest immediate promise over the coming five years? And will they take up the leadership challenge to protect and enhance the world's rainforests?''