Hon GRANT ROBERTSON: As we have heard, today the final report of the Climate Change Commission was released. It shows that we can build on the progress that the Government has already made to meet our climate targets in a way that is affordable and achievable. The commission has revised its modelling of the GDP impact. It now estimates the level of GDP could be around 0.5 percent lower in 2035, and 1.2 percent lower in 2050, than it otherwise would have been. This does not account for co-benefits such as health improvements or wellbeing benefits. Importantly, the commission has now included an estimate of the impact on GDP of delaying action. It says that delay, particularly in deploying electric vehicles and improved farm practices, could result in the level of GDP in 2050 falling by around 2.3 percent. The Government welcomes this report and is now working its way through its recommendations for our response.