Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

As we have said many, many times, we are very confident that we will achieve the five per cent emissions reduction target. We have, of course, announced some time ago a policy, which this legislation is now giving practical effect to, which is fully funded, which is capped, and which is more effective than the system that the Labor-Greens government of the past pursued.