Katy Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

ER (—) (): Thanks, Senator Walsh, for the excellent question. The Albanese government's climate change bill is a move to end the climate wars—to say goodbye and good riddance to the nine years of delay, dysfunction, denial and denigration from the previous government. The fact is that Australia didn't just stand still under the former government; we went backwards. Our reputation on the international stage and investment confidence were stifled. The legislation that's passed the House is good for jobs, for power bills, for the economy and for our future.

The climate change bill that we have introduced and passed and that will come to the Senate legislates both the 2050 net zero target and the 43 per cent by 2030 emissions reduction target, tasks the Climate Change Authority to assess progress against these targets and advise the government on future targets, requires the Minister for Climate Change to report annually to parliament on progress in meeting our targets and makes the targets relevant to key agencies like the Clean Energy Finance Corporation and Export Finance Australia.