Senate debates

Tuesday, 4 November 2025

Questions without Notice

Climate Change

3:01 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

Again, I disagree with almost everything you have just put to me in that question. What I would respond to specifically is the point about the why. You see, we are not doing this because other people are telling us to do this; we are doing this because we believe it is the right thing for the country, the right thing for future generations but it is also the right thing for our economy. Amidst all of the interviews that were done recently by the coalition in the last 72 hours, Senator Bragg made a very important point when he was talking about net zero and the policy debates of the coalition. He said, 'The debate is over. What I am saying is, in terms of the economic debate around the world, it is over. Capital markets have made their minds up. There is a wall of money going to renewable energy.'

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