Angus Taylor (Hume, Liberal Party, Minister for Energy and Emissions Reduction) Share this | Hansard source

I thank the member for Moncrieff for her question. Having been a small-business person before she came into this place, she knows the importance of technology led approaches to bringing down emissions—technology, not taxes. Australia's experience has been that, when new technologies become competitive with high-emitting alternatives, small businesses and households take them up. We are seeing that with renewables. We were seeing investment in renewables in this country 10 times the global average and four times that of places like the United States and Europe.

Our ambition is to be a global leader in low- and zero-emissions technologies. That's our ambition. That's the focus of our Technology Investment Roadmap. That's exactly what we are doing; we are building from our position as a world-leading exporter of energy products into these lower-technology areas. Technologies like hydrogen, soil carbon and carbon capture and storage are all technologies that President-elect Biden is supporting. We know, as the US knows, that the widespread deployment of these technologies—our priority technologies—will substantially reduce emissions or eliminate them in sectors responsible for 90 per cent of the world's emissions. But it will take international collaboration and leadership to achieve this.

Speaking of leadership, this week the member for Hunter has shown some leadership. He has taken the battle for blue-collar workers to the backbench but not before an almighty dust-up on the frontbench, like something out of the gunfight at the O.K. Corral.

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