Simon Birmingham (SA, Liberal Party, Minister for Finance) Share this | Hansard source

Our government will stand by all of our energy policies that are about achieving secure, affordable, reliable energy for Australia, for Australian industry and for Australian manufacturers while also meeting our commitments to emissions reduction targets. We also stand by the investments we're making in our stretch targets, which are about the technologies necessary to achieve emissions reduction in the future: our targets investing in getting clean hydrogen to under $2 per kilo; getting electricity from storage for firming to under $100 per megawatt hour; getting low-emissions steel production under $900 per tonne and low-emissions aluminium under $2,700 per tonne; getting carbon capture and storage under $20 per tonne of CO2; getting soil carbon measurement under $3 per hectare per year. These are all about how you actually achieve emissions reduction, rather than just grandstand on it, Senator Hanson-Young, and that's where we're focusing the investment and the energy.