Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

As I explained, the safeguard mechanism will target 205 million tonnes of net reductions by 2030 overall through the safeguard. It is correct. We are not looking to pick one sector over another. If you emit in excess of 100,000 tonnes of carbon dioxide a year, you will be covered. So it's agnostic in the sense of where the emissions occur, other than to say that, if you're a big emitter, you should have a pathway to reducing your emissions. I would have thought that those at the end of the chamber might actually think it's a good thing to get those industries and individual firms who are emitting a very large amount of carbon dioxide into the atmosphere to reduce their emissions so that we can all meet the net zero target that everybody, with some exceptions, and most of this chamber have signed up to.