House debates

Thursday, 27 March 2014

Bills

Clean Energy Finance Corporation (Abolition) Bill 2013 [No. 2]; Consideration in Detail

12:47 pm

Photo of Steven CioboSteven Ciobo (Moncrieff, Liberal Party, Parliamentary Secretary to the Treasurer) Share this | Hansard source

Now we have got the member opposite saying we should do nothing. Well, I have got a newsflash for you, buddy: it is called the Direct Action Plan. Under the Direct Action Plan, the coalition will deliver five per cent reductions on CO2emissions, which, incidentally, is more than Labor was going to do. Under Labor modelling, CO2 emissions were going to go up. The only way they were going to actually achieve a reduction was by buying permits.

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