House debates

Wednesday, 14 June 2006

Appropriation Bill (No. 1) 2006-2007

Consideration in Detail

5:15 pm

Photo of Greg HuntGreg Hunt (Flinders, Liberal Party, Parliamentary Secretary to the Minister for the Environment and Heritage) Share this | Hansard source

I am delighted to answer the member for Grayndler’s questions on climate change. In relation to the first two questions, each of which relates to emissions projections and emissions targets for Australia, the two items which he outlines are matters of record, so I do not seek to dispute those. They are on the public record. On both of those I do not seek to dispute that which he has already raised. But I do seek to dispute, with great respect, the context. I will come to the third item of renewable energy shortly.

In relation to the context, I respectfully suggest that what the member for Grayndler has failed to do is put into context the fact that there are a number of other activities which show that we are on track to meet our Kyoto projected goal of 108 per cent of 1990 emissions by 2012. Whatever the source which allows us to achieve that, I welcome that. I do not deny the fact that land clearing plays an important part in that. I think that is a welcome outcome. I welcome the source of that and I welcome the fact of it.

What that does, to put this in context, is put Australia amongst a very small number of annex 1 countries under the Kyoto protocol which are on track to meet our targets as they were set down. We are on track to meet 108 per cent of 1990 emissions despite more than a 50 per cent increase in our GDP over that period. Many other countries within the European Union as well as New Zealand, Japan and Canada are well and truly on track to blow out their projections and their commitments. So we have a very strong record relative to the international community, I say with great respect to the member for Grayndler, in relation to emissions.

The second point that I want to take up is in relation to his argument about renewables. We are aware of the position of Roaring 40s. It is a discussion I have been engaged in myself with the member for Braddon, who has raised it. The response is very simple. Minister Ian Campbell will himself be leading a renewable energy industry delegation to China. This is one of the issues we wish to take up.

But, again, there is an issue of context which is missing here. There are two key points in relation to renewable energy context which I wish to address. The first context point is that Australia actually has a renewable energy percentage of static energy which is approaching 11 per cent of our total energy generation. Two per cent is the additional component provided by the mandatory renewable energy target. The fact that we have a base which was far higher than that of the majority of countries which have some other form of mandatory renewable energy target in whatever form that it may take has been ignored. So, by comparison with international standards, for the most part we stand up extremely well in relation to total percentage of static energy derived from renewable energy sources. I think that is extremely important.

The second context point that I wish to make is that renewables form part of the package as to how we diminish Australia’s 560 million tonnes of CO or CO equivalent a year. We try to reduce that target through a combination of factors, of which renewables are part, but the low emissions technology development fund—a $500 million fund—is also a key contributor to the long-term actions that we will take and the long-term ability for us to beat existing projections. We believe that we will be able to beat existing projections. They take a very conservative view, and I think that that is extremely important.

The other thing which we do at the international level involves the Asia-Pacific Partnership on Clean Development and Climate. Australia has brought together the United States, Japan, China, Korea and India, and all-up projections by ABARE show that we are looking between now and 2050 at having a total gain, over and above what would have occurred from the project and that initiative, of up to 90 billion tonnes cumulatively of CO saved. I think no other country in the world can boast that it has contributed to such an international saving of CO over the coming five decades.

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