House debates Bills
Clean Energy Finance Corporation (Abolition) Bill 2013 [No. 2]; Consideration in Detail
Steven Ciobo Moncrieff, Liberal Party, Parliamentary Secretary to the Treasurer
12:47 pm
Now we have got the member opposite saying we should do nothing. Well, I have got a newsflash for you, buddy: it is called the Direct Action Plan. Under the Direct Action Plan, the coalition will deliver five per cent reductions on CO2emissions, which, incidentally, is more than Labor was going to do. Under Labor modelling, CO2 emissions were going to go up. The only way they were going to actually achieve a reduction was by buying permits.
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