Senate debates
Tuesday, 26 March 2024
Questions without Notice
New Vehicle Efficiency Standard
2:41 pm
Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source
It is true that climate change is the first priority of Pacific island nations. I had the opportunity today to meet with the Deputy Prime Minister of Vanuatu, and that was a point he again made. You're right to identify it as an issue.
There's no change to our overall target. What we're looking at is how each sector can contribute to the targets we have announced and to targets that we will be announcing down the track in accordance with the Paris Agreement. What I would say is this model will deliver $95 billion in fuel savings to Australians by 2050. It will deliver more choice of low- and zero-emissions vehicles. It will deliver cumulative abatement of, as I said, 20 million tons to 2030, 80 million tons to 2035 and 321 million tonnes by 2050. It will reduce emissions intensity for new Australian— (Time expired)
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