House debates

Wednesday, 19 October 2016

Bills

Appropriation Bill (No. 1) 2016-2017; Consideration in Detail

11:33 am

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

I thought that was a Dorothy Dixer, because those questions are exactly the ones I want to answer. The member asked me about the Emissions Reduction Fund. The cost of abatement has been $12.10 a tonne. Do you know how much it was under the carbon tax? It was $1,200 a tonne!

The member asked about meeting our emissions target. When Labor were in government in 2012, they modelled how they were going to get to their own 2020 target. They were going to miss their target by a whopping 755 million tonnes. We are going to beat that target by 78 million tonnes. They were going to miss their target by 755 million tonnes, on their own modelling.

I just want to say that I would love to get into this and further answers. Those opposite have the hide to come into this chamber and talk about renewable energy when they had a 50 per cent target by 2030 with no road map to get there and which has been condemned by people on their own side, such as Graham Richardson and Keith De Lacy—

and it has caused higher electricity prices. (Time expired)

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