Mr TURNBULL (Wentworth—Prime Minister) (14:54): I thank the honourable member for his question. The cuts proposed by the government which are being taken by the Minister for Foreign Affairs and the Minister for the Environment to the Paris Conference of the Parties are very substantial ones, and they are in line with cuts proposed by comparable economies. Opposition members interjecting— Mr TURNBULL: What are the cuts that the Labor Party proposes? What is the Leader of the Opposition's proposal? Behind the Leader of the Opposition are people who were proposing 26 to 28 per cent cuts in 2005. Mr Bandt: Mr Speaker, I raise a point of order on relevance. I did not ask about anyone else's cuts; I asked about— The SPEAKER: The member for Melbourne will resume his seat. The Prime Minister is relevant to the question. Mr TURNBULL: I thank the honourable member for his question. The cuts that we are proposing— Mr Champion interjecting— The SPEAKER: The member for Wakefield has been warned. Mr TURNBULL: are absolutely comparable and appropriate, in line with other comparable economies. They are very substantial cuts. The means that we are using, which the Minister for the Environment has diligently and carefully put in place to achieve them, are doing their work. I can just give the honourable member an example. The first Emissions Reduction Fund auction in April 2015 was a resounding success: 47 million tonnes of emissions contracted, the largest ever emissions reduction commitment by business. The average price at the auction was $13.95 per tonne— Mr Bowen interjecting— The SPEAKER: The member for McMahon will cease interjecting. Mr TURNBULL: of carbon dioxide reduction. So this plan, this reduction fund, is actually working. The honourable member and, I know, some members of the Labor Party make the same mistake. They make the mistake of turning everything related to climate policy into ideology. The objective is to lower emissions. There are many means of cutting emissions, some more complex than others, some more expensive than others. There is no inherent virtue in any particular method of cutting emissions. There is no ideology there. The object, the only thing that matters, is the outcome. The targets we have set are reasonable ones. They are comparable ones. They are substantial ones. The methods that the environment minister has put in place to achieve those cuts are working. It works. It is doing the job. The cuts are at the right level. And so—with great respect to the honourable member and recognising his strong interest in the matter—the government's policy on climate— Ms Plibersek interjecting— The SPEAKER: The member for Sydney will cease interjecting. Mr TURNBULL: is right, and it is being proved right.