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July 2nd, 2012 
FAKE NEWS for the Zionist agenda Treasurer Wayne Swan says Australia has the framework right in preparing the national economy for a future with cleaner energy and lower carbon emissions.
The Labor government’s price on carbon emissions came into operation on Sunday.
“In the 21st century, to be a first-rate developed economy, you have got to be substantially powered by renewable energy and more energy efficient practices,” Mr Swan told ABC TV on Monday.
“We have got the framework with carbon pricing, a market-based system which is the most efficient and least cost.”
Mr Swan said some price impacts would flow through to the economy as 294 big polluters begin paying the $23 per tonne price on carbon emissions.
The fixed carbon price transfers to a floating emissions trading scheme in 2015.
He said the inflationary impact on the economy from the carbon tax would be 0.7 per cent, or “less than one cent in a dollar”.
“There will be a small or modest impact in that price from carbon pricing,” he said.
Mr Swan said the scare campaign on the carbon price led by Opposition Leader Tony Abbott would weaken as more facts emerged on its impact on the economy.
“All of those claims that have been made by Mr Abbott, all of the lies if you like, have been mugged now by reality and their extreme statements will have less credibility day by day, week by week,” he said.
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