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

Senator, I am awaiting statistics as we speak, but what I can say to you, and as someone who was the climate change minister, is that there is opportunity in agriculture to deal with climate change. As you know, for many years the National Farmers Federation had a much more forward-leaning policy than the coalition when it came to agriculture and climate change. I'm advised it's in the order of 16 to 17 per cent. Thank you very much, Senator Watt. For the year to June 2023, the agriculture sector was responsible for 17.7 per cent of Australia's total annual greenhouse gas emissions.

Modelling by ABARES shows that climate change over the last 20 years has reduced the profitability of Australian farms by an average of 23 per cent, or around $29,200. I recall that one of the early reports I read which made me so much more acutely aware of the risk to agriculture of climate change was a report which CSIRO did many years ago, before we won government in 2007. It modelled that Goyder's line would move south of Clare. For anybody from South Australia—and I know that would be very bad news for Senator Farrell in particular—who knows what the mid-north is like, that is a very frightening prospect. We do think it is important to look at how it is that our food and fibre producers can best adapt to a changing climate. Many are already doing so and are obviously involved in the discussions with government about climate policy.