John Howard (Bennelong, Liberal Party, Prime Minister) Share this | Hansard source

stellar policies of the opposition. The point of those figures is that, whereas the total OECD area—and this is fundamental to how you handle emissions trading in this country—has exports from the resource sector comprising only eight per cent, for Australia it is 37 per cent. It is therefore supreme folly for either side of politics to embrace a policy which is derived from an essentially Eurocentric view of the world. When the report, which I commissioned in December of last year, is released—it will be handed to me on Thursday—I will have in my possession the most comprehensive analysis ever carried out in Australia on the central issue to the whole climate change debate. What this government intends to do is to know the consequences of targets before we set them.

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