Statement on Climate Change Bill

I note the introduction of the Government’s Climate Bill into the House of Representatives. I have long maintained an interest in these key economic matters. I expect the legislation will be sent to a Senate inquiry for economic analysis. We will consider, inspect and evaluate this bill like we do with any other. The inquiry has one key question to answer: how will Australia generate or obtain the capital to fund the journey to net zero? There may be a range of ways this could be achieved, and they should all be explored. What matters most is the outcome, not the embroidery. The Committee should consider the views of business and the market, how our competitors are managing emissions policy, and the role of gas and nuclear power. As I have indicated, I have an open mind. I have made no decision, and I won’t until the inquiry has concluded. I look forward to the Senate’s work and further discussions with colleagues. **[Ends]** **Media Contact:** **Charlotte Mortlock** **0401 392 624**