Mathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

I completely disagree with the premise of the question. Given that you are such a student of what Mr Turnbull has to say, I would encourage you to look at one of his recent tweets, where he pointed out that he does not support Labor's policy on energy. In fact, he doesn't support Labor's policy on emissions reductions. And that is our position; it was Mr Turnbull's position and it also was Mr Abbott's position. He points out quite rightly that Labor's 45 per cent emissions reduction target would be bad for the economy and bad for jobs. We have adopted an appropriate emissions reduction target, which is precisely the same as it was under the Turnbull government and which is precisely the same as it was under the Abbott government and beyond that. Of course, everybody across Australia is very clear that we are focused on driving down electricity prices and ensuring reliable supply, whereas under Labor electricity prices will go up and up because they'll bring back the carbon tax.