I rise to speak to today's matter of public importance.

There was a national sigh of relief when Tony Abbott was replaced by Malcolm Turnbull. Most Australians gave the new Prime Minister the benefit of the doubt. We were pleased to see the end of Tony Abbott's divisive politics. We hoped that it would mark a turning point on so many critical issues-issues like climate change, getting children out of detention and marriage equality-that we would finally be able to transition our economy and set ourselves up for those industries of the future-

The Greens say strong industry interest in Australian Renewable Energy Agency (ARENA) large-scale solar funding is yet more evidence the Liberal Government must dump its plan to abolish ARENA and the Clean Energy Finance Corporation.

"Industry is clearly keen to get out of old energy seize the exciting job-rich opportunities Australia's vast clean energy potential presents," Senator Richard Di Natale, Australian Greens Leader, said.

• Reference to a 1.5 degree limit will require countries to ratchet up targets
• Australia will now need to rapidly transition from coal to renewables
• Agreement to $100 billion in finance for developing countries to develop via low carbon economies

The Australian Greens welcomed the announcement by world leaders that a framework agreement to tackle global warming has been reached in Paris, but urged the work has just begun towards averting the catastrophic impacts of global warming and transforming the global economy.

A new draft text has been released overnight at the UN climate talks in Paris, where Australian Greens leader Richard Di Natale has responded with cautious optimism.

"This draft text, if agreed to in coming days, sets the basis for a constructive global agreement but far more work will be needed to seriously scale up ambition and action over coming years," said Senator Di Natale, who's at COP21.

The Australian Government has deservedly been ranked third last out of 58 large countries on the strength of their policies to tackle global warming in a report out of Paris overnight.

The report by Germanwatch and Climate Action Network Europe puts Australia ahead of only Saudi Arabia and Kazakhstan for climate action.

"The world is not being fooled by the nice speeches we're hearing from Australian pollies in Paris. The fact is, their policies are inadequate," said Greens Leader Richard Di Natale, who's at the UN summit.

Responding to news that the Turnbull government has committed to double research & development investment on clean energy over the next five years, the Australian Greens today called on Prime Minister Malcolm Turnbull to ditch his government’s plans to abolish ARENA and the Clean Energy Finance Corporation (CEFC), and instead double their budgets.

“How can you, on one hand, say you support innovation and science, and on the other hand want to abolish ARENA and the CEFC? It doesn’t make sense,” Greens Leader Senator Richard Di Natale said.

Labor's climate targets announced today leave the Turnbull Government isolated but raise serious questions about how Labor will deliver on its targets without a plan to transition away from coal.

"We welcome this shift from the ALP but now they need a detailed plan to achieve these modest targets," said Greens Leader Richard Di Natale.

"Transitioning away from coal is what's required to safeguard our economy and achieve dramatic pollution cuts, but neither of the big parties are willing to show leadership.

This weekend tens of thousands of people will be hitting the street around the country for the Peoples’ Climate Marches. This is our chance to send Prime Minister Turnbull a strong message as he makes his way to Paris - Australia is ready to RenewAustralia and embrace a clean energy future.

On the eve of global climate negotiations kicking off in Paris, the Australian Greens have today released their detailed plan ensure that by 2030 Australia's energy generation is at least 90% renewable and twice as efficient. A new government authority called RenewAustralia would deliver a 15 year pipeline of clean energy projects through a combination of reverse auctions and direct investment.

"Today the Greens unveil RenewAustralia - our plan to power the new economy and create thousands of jobs ," said Australian Greens Leader, Dr Richard Di Natale.

The Greens have strengthened the party's position on international climate change targets, ahead of Leader Richard Di Natale and Deputy Leader Larissa Waters heading to Paris for the UN climate talks.

Senator Di Natale said the Greens have unanimously resolved, at the party's National Conference over the weekend, that global warming should be stabilised within 1.5 degrees.

"More than 100 countries have made this call. Australia actually has the capacity to help achieve it," said Senator Di Natale.