Mr CRAIG KELLY (Hughes) (14:25): My question is to the Minister for the Environment. Is the minister aware that the electricity generator Macquarie Generation, owned by the people of my state of New South Wales, has a net carbon tax expense of $299 million in 2012-13 and its value has been written down by $1 billion due to the previous government's carbon tax? Minister, has the carbon tax been terminated? And further, what action is this government taking to reduce electricity prices?