The decision to repeal Australia's nationwide price on carbon is, as I said last month, a disappointing step for a country that continues to experience the worsening consequences of the climate crisis. Australia has been a longtime world leader in the effort to halt global warming. By repealing its carbon price, Australia is falling behind other major industrialized nations in the growing global effort to reduce carbon emissions and ensure a clean and prosperous future.
I'm hopeful that ongoing support for climate action soon leads to a comprehensive emissions trading scheme, and I'm encouraged by the continued support for the Renewable Energy Target, the Clean Energy Finance Corporation, the Australian Renewable Energy Agency, and the Climate Change Authority. These programs are examples of Australia’s long and continued excellence in combating the climate crisis, and must continue.