Ian Macfarlane (Groom, Liberal Party, Minister for Industry, Tourism and Resources) Share this | Hansard source

We know about bananas. I am asked about threats to energy prices in Australia and the threat comes from those who sit opposite and their climate change policy. The Labor Party has a policy to reduce greenhouse gas emissions by 60 per cent by 2050. Recent ABARE analysis said that a 50 per cent reduction would double the price of fuel to Australian motorists—

See this speech in context