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Monday, 1 September 2014
Page: 9352

Climate Change

(Question No. 223)

(Question No. 224)

Ms Parke asked the Minister for the Environment, in writing, on 14 July 2014:

In respect of the view of the world's scientific community, including the Joint Science Academies, that if carbon emissions continue at the current rate, global temperature will rise above 2 degrees Celsius (and likely as high as 4 degrees Celsius) this century,

(a) in what ways does Government policy (particularly environment and economic) take this into account, and

(b) what kind of economy is the Government positioning Australia for in a world that is warmer by 2 to 4 degrees Celsius.

Mr Hunt: The answer to the honourable member's question is as follows:

The Australian Government accepts the science of climate change and supports national and global efforts to reduce greenhouse gas emissions. The Government is firmly committed to reducing Australia's emissions to meet its target of five per cent below 2000 levels by 2020.

The Emissions Reduction Fund is the centrepiece of the Government's policy suite to reduce emissions. The Government has committed $2.55 billion to the Fund to invest directly in Australian businesses that reduce their emissions.

The Emissions Reduction Fund will provide the impetus for businesses and the community to improve practices, invest in new technologies, and reduce emissions.

The Government believes that there is a better way to reduce emissions than by imposing taxes or emissions trading systems that increase energy costs for businesses and households. That is why the Government committed to repeal the carbon tax and replace it with the Emissions Reduction Fund.

The Emissions Reduction Fund is a practical policy that will reduce Australia's emissions at low cost, without adding to household and business energy costs. It will support Australian businesses and communities to enjoy the benefits of economic growth, increased productivity and a cleaner environment.