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

Climate change is a global challenge and Australia is doing its bit to help address that global challenge. We are one of just a handful of countries around the world that are not just meeting but beating our emissions reduction targets agreed to in Kyoto. Indeed, we are leading the world when it comes to investment in renewable energy. I was in Germany the other day, and they were stunned when they learnt that, even in nominal terms, in aggregate terms, we are investing more in renewable energy than Germany, even though we have a much smaller population. On a per capita basis, we are investing more than three times as much in renewable energy here in Australia, under our government. I would have thought that you would celebrate our commitment to world-leading investment in renewable energy. But what we won't do is we will not be driven by the politically motivated, opportunistic Greens scaremongering. We will continue to make calm and considered and methodical judgements on how we can best address this issue. (Time expired)