Tony Abbott (Warringah, Liberal Party, Prime Minister) Share this | Hansard source

I am very pleased to take questions from Labor about emissions reductions targets because we have one: a very, very good target, a good and responsible target. Our target is to reduce emissions by 26 to 28 per cent by 2030. It is in the middle of the international pack when it comes to absolute reductions, and, when it comes to emissions reductions per person, ours are the best in the world. We have the biggest emissions reduction target in the world when it comes to emissions per person.

I have been asked about modelling. Modelling commissioned by the former government, the Labor government's own modelling, of a 44 per cent target showed a $600 billion hit on our economy. There he is, $600 billion—

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