Coalition says Labor must use Kyoto credits – but also that they make little difference

Angus Taylor says while carryover credits are 'relatively small' part of carbon budget, any decision to ditch them would be catastrophic

Angus Taylor has insisted it would be "apocalyptic" for the economy if Labor did not use Kyoto carryover credits towards its emissions reduction targets, while still maintaining they were "relatively small in terms of the overall carbon budget".

Following on from his Sunday interview in which he falsely claimed emissions had gone down, though the government's own data showed a 0.9% increase, the energy minister accused critics of "cherry-picking" time periods to prove their points, when his own assertions relied on just the last quarter, instead of the whole year.