That the Senate—
(a) notes that:
(i) Asset Energy has announced that it will not proceed with plans for seismic testing in the Petroleum Exploration Permit 11 zone, which was originally planned for thousands of square kilometres of ocean from Newcastle through the Central Coast to Manly in New South Wales,
(ii) while this is welcome news for ocean life, exploration through drilling could occur soon causing irreversible damage to the marine environment, and
(iii) there is a climate emergency and further coal, gas or oil reserves should not be developed if we have any chance of preventing more than 1 degrees of warming; and
(b) calls on the Federal Government to cancel Petroleum Exploration Permit 11.