Madam Speaker, the government has produced a report, and I mentioned it in my speech.
Essentially the problem with the opposition is that it views the economy as a single-lever mechanism, almost like a well pump, where cause and effect are clear.
The economy is made up of millions of decisions made by individual consumers, by businesses, and by governments.
In the report that is on the website, and I would encourage members to turn on their computer and access the website, there is a quote, as follows:
Accurately assessing how pricing carbon pollution could affect the economy and emissions depends on the choices governments make about which carbon pricing system they adopt—a direct price, a cap-and-trade system, or a hybrid system. How they choose to use the revenues generated from carbon pricing also has a big impact. Revenue can be used for rebates, tax cuts, incentives for energy efficiency or investments in clean infrastructure and innovation. Furthermore, forecasting future economic conditions involves simplifying very complex systems and making many assumptions, resulting in an inherent amount of uncertainty.