Senator Wong: The Treasurer has provided the following answer to the honourable senator's question: The 2011 Government report Strong Growth, Low Pollution: Modelling a Carbon Price provided details of modelling of the effect of a carbon price on the economy. One of the scenarios modelled in that report, labelled ‘Core policy’, was calibrated to achieve a carbon mitigation target of 5 per cent below 2000 levels by 2020 and 80 per cent below 2000 levels by 2050. That report contained projections for employment shares with and without carbon pricing for a number of industries that produce food, as detailed below. Table: Employment by Sector, 2050 Employment Shares Industry Medium global action Core policy Per cent Per cent Sheep and cattle 0.9 1.0 Dairy cattle 0.3 0.3 Other animals 0.1 0.1 Grains 0.8 0.9 Other agriculture 0.9 1.0 Agricultural services and fisheries 0.8 0.8 Meat products 0.3 0.3 Other food manufacturing 0.6 0.7 Source: Treasury estimates from MMRF.