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

Our government has worked very hard to reduce the costs of electricity and to improve both the reliability and the affordability of energy supplies at the same time as working to reduce emissions and meet our emissions reduction targets agreed to in Paris. I'm pleased to report to the Senate that we are being very successful in that endeavour. Electricity prices are coming down, both for households and for business, and emissions are coming down. And we are meeting our emissions reductions targets—both those that we committed to in Kyoto and those that we committed to in Paris. So we are achieving what we set out to achieve, but we are doing it in an economically responsible fashion, which we believe is very important. And it's only fair, for the working families of Australia, that that's how we do it.