The statement below was released by the Socialist Alliance on March 6.
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The carbon price framework recently agreed to by the ALP and the Greens is a step in the wrong direction.
This is not because, as the Coalition says, the economy — read the profits of big business — cannot afford to cut emissions. It’s because the framework will be counterproductive to real action on climate change.
The highest prices now being discussed will simply stimulate a mass rollout of gas, extending Australia's commitment to fossil fuels at the expense of renewable energy.