Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

No, we have not modelled this, because it is not our policy. Our policy is to deploy 100 per cent of our resources, in relation to this, here in Australia. Senator Xenophon, again, I appreciate that you have a different view, and we might just have to agree to disagree. I understand that your view might be that up to 20 per cent of those resources should be available to be allocated overseas. The Australian government has made a judgement—a considered and deliberate judgement—to deploy 100 per cent of our resources here in Australia in order to achieve the maximum emissions reductions available through our market based mechanism here in Australia.