Mr HUNT (Flinders) (14:34): My question is to the Prime Minister. I remind the Prime Minister of the US Congressional Budget Office carbon tax assessment, which stated last week: … such a tax would have a negative effect on the economy. The higher prices it caused would diminish the purchasing power of people's earnings, effectively reducing their real … wages. … … … Investment would also decline, further reducing the economy's total output. Why is the US protecting their economy from a carbon tax when her government is doing the opposite?