House debates

Monday, 10 October 2016

Questions without Notice

Renewable Energy

2:46 pm

Photo of Josh FrydenbergJosh Frydenberg (Kooyong, Liberal Party, Minister for the Environment and Energy) Share this | Hansard source

It is uncomfortable for the opposition to know that Australia has met its Kyoto targets and is on track to meet our 2020 targets by 78 million tonnes. We have a 2030 target of 26 to 28 per cent, which is among the highest in the G20 on a per capita basis. We have a whole suite of policies, of which the 23½ per cent renewable energy target is one. We have an Emissions Reduction Fund, which has reduced emissions at a cost of abatement of just $12.10 per tonne. That is much better than the punitive carbon tax. We have ARENA, the Clean Energy Finance Corporation and the renewable energy target. We have a suite of policies, and we have introduced the Paris agreement into the parliament for ratification. Those opposite have given us the 'cash for clunkers'. They have given us the green loans. They have given us the pink batts. They have given us the carbon tax. (Time expired)

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