House debates

Wednesday, 3 April 2019

Questions without Notice

Budget

3:08 pm

Photo of Melissa PriceMelissa Price (Durack, Liberal Party, Minister for the Environment) Share this | Hansard source

( Thank you for the question. It's a good opportunity to refer to our $3.5 billion Climate Solutions Fund. Only with a strong economy can you devote that amount of money to the environment. There is $2 billion to the Emissions Reduction Fund, a fund that we committed to back in 2014, I believe, when Minister Hunt was the minister. We've now committed another $2 billion. Further money in there relates to Snowy Hydro, Tas Hydro and also the Mariners Link.

To the question more specifically, as we have said in the Climate Solutions Package, the fund will deliver an additional 103 million tonnes of abatement to 2030. That was very clear. The auctions to deliver this abatement will be conducted over the 10-year period. Of course, and I'm sure the member will understand this, there is scope to contract additional abatement from 2031 and 2035 to bring forward—

The SPEAKER: The member for Port Adelaide on a point of order.

Comments

No comments