Scott Morrison (Cook, Liberal Party, Prime Minister) Share this | Hansard source

I can confirm that 15 per cent of the emissions reductions that come as a result of the government's plan will be from global technology trends. I confirm that it includes 20 per cent reductions that have already occurred. Our policies have already seen a 20 per cent reduction in emissions, which is greater than the United States, the OECD average, Japan, Canada and New Zealand. Australia's actions and outcomes on reducing emissions speak far louder than the claims and the words of others. I can confirm that 40 per cent of those reductions come from the Technology Investment Roadmap technologies, which go to clean hydrogen and getting that under $2 a kilo; ultralow-cost solar, at under $15 per megawatt hour; getting energy storage under $100 per megawatt hour; getting low-emission steel and aluminium steel production under $700 per ton and aluminium under $2,200 per tonne; and getting carbon capture and storage, something opposed by the Labor Party, down to under $20 per tonne of CO2.

The Leader of the Opposition interjects. He says it's not true. Well, if that's not true, why is the Labor Party voting against it in the Senate?

See this speech in context