Jenny McAllister (NSW, Australian Labor Party, Assistant Minister for Climate Change and Energy) Share this | Hansard source

The big facilities—Santos and Shell—have very ambitious goals for reducing their own emissions. I think Santos is aiming for net zero by 2040. I think Shell is aiming to halve their emissions by 2030. These entities, these important participants in Australia's energy system, are already on this pathway. I think you should reflect on whether the claims you are making are really aligned with the publicly expressed intentions of the companies that you are talking about.

The safeguard reforms take into account the possibility of new entrants and still deliver 205 million tonnes of abatement. We don't accept the assertions that you are making around implications for supply. That is not our expectation.