Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

We see again yet more scaremongering and fearmongering on the other side. We know what climate change means; we know the risk that climate change poses. There are some more sensible people on the other side, such as Mr Turnbull, who understand this issue; but when some on the other side are confronted by this generational challenge, all they can do is fearmonger. That is all they can do. They are good at wrecking, no good at building. You are all problem, no solution. That is the reality.

We on this side understand we have to transform our economy, we have to be able to compete in a world where low carbon will become more competitive and we have to compete in a world where our competitors are shifting to a low-carbon economy. We want to be in a position in 20 years time where this country is more dependent on clean energy and clean energy jobs than it is today. That is what we on this side want to do.