The Greens have pledged to block any new federal funding for existing coal and gas projects.

Greens leader Adam Bandt says the party will focus on stopping any new carbon-intensive resources projects, but could still support Labor’s target of a 43 per cent emissions reduction by 2030.

However, this support may be contingent on Labor accepting the Greens’ moratorium on any new coal and gas projects in Australia.

New federal emissions legislation is due to be introduced this week.

The Coalition has promised to vote against the 43 per cent emissions reduction target, meaning the Albanese Government will need the support of all 12 Greens in the Senate plus one more vote to enshrine the target in law.

Mr Bandt said the Greens would attempt to amend Labor’s first budget to block money for resource projects and exploration.

“The Greens are exploring all measures to stop public money going to coal and gas, including reserving the right to amend Labor’s first budget to remove any funding for fossil fuels,” he said.

“Europe is on fire and the State of the Environment report shows the climate crisis is fast-tracking environmental collapse, but the prime minister backs more coal and gas and repeats Scott Morrison’s ‘clean coal’ spin.

“There is no such thing as clean coal. It is the first responsibility of government to keep people safe, but every tonne of coal dug up and burnt puts our country at risk.

“Labor should not be approving new coal and gas fields. This has a potential to be a major sticking point in the parliament over the next three years.

“The Greens will move in parliament to prevent public money going to coal and gas projects, in particular the Beetaloo gas field. Public funds should not make the climate crisis worse.

“In the last parliament, Labor backed the Coalition using public funds to open up the Beetaloo, and the Greens will push hard to stop them doing the same now they’re in government,” he said. 

Prime Minister Anthony Albanese says Labor would support new coal and gas projects if they receive environmental approval and are financially viable.

“Policies that would just ­result in a replacement of Australian resources with resources that are less clean from other countries would lead to an ­increase in global emissions, not a decrease,” Mr Albanese has told The Australian.