Treasurer Josh Frydenberg has continued to make the economic case for a transition to a carbon-neutral economy, telling reporters on Thursday he wants Australia to “capitalise on the opportunities”.

The Coalition government continues to debate the proposed climate target in the lead-up to the COP26 Climate Change Conference in Glasgow, which Prince Charles characterised as a “last-chance saloon” for the world to take action on climate change.

The government remains bitterly divided over the issue, as the Coalition controls both the seats most concerned about climate change, such as Higgins and Wentworth, but also the seats most concerned about job losses from green policy, like Capricornia.

“What Australia chooses to do in the future will have a big impact on our economy in a positive way,” Mr Frydenberg said.

“I want Australia not to be disadvantaged by those movements internationally, but actually to be advantaged by them.

“I want us to capitalise on the opportunities that is being presented to our economy by a lower emissions future.”

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