Chris Bowen (McMahon, Australian Labor Party, Minister for Climate Change and Energy) Share this | Hansard source

Honourable members opposite might not like reducing emissions, but that's what the Australian people have voted for and that's what the world demands. That's what the world demands and that's what future generations demand, and that's exactly what we will do because what the IPCC report today reminds us is that there is agency and urgency. There is still time to hold the world as close as possible to 1.5 degrees, but we don't have long. We must act, and this week the parliament can act because in 100 days the safeguard mechanism reforms can be in place if the parliament approves them. This is the most important opportunity we have, 205 million tonnes of emissions removed from the atmosphere if the safeguard mechanism reforms pass.

I know honourable members have raised fossil fuels and resources. Today, as we speak, emissions from fossil fuel facilities covered by the safeguard system are 73 million tonnes a year. With business as usual and no reforms, they are projected to grow to 83 million tonnes a year. But if the reforms are passed, it will be 52 million tonnes, and that's the choice the parliament has—83 million or 52 million. That's the choice of parliament this week and next week, and I'll say this: last year the parliament passed the government's Climate Change Act. I thank all the members of the crossbench who supported it in this place and in the other place. This was important, and some honourable members have said, 'Forty-three is not enough.' I understand that and respect that. I respect their point of view, and I thank them for coming together with goodwill to pass that.

But know this: our projections are very clear that if the safeguard mechanism reforms are not passed then 43 per cent will not be met. Our projections show it will be 35 per cent, so if honourable members are going to call for higher targets, they are obliged to vote for action to get those targets achieved. That is the obligation for honourable members—

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