Climate policy to be adjusted: Turnbull

Malcolm Turnbull says the government will adjust its climate change policies in 2017.

The prime minister on Tuesday faced questions from Labor on his commitment to the Abbott government's direct action policy as a way of cutting emissions.

"We will review our measures in 2017 and, if they need adjustment, then we will adjust them," Mr Turnbull said.

Labor leader Bill Shorten asked the prime minister whether the government would retain the Clean Energy Finance Corporation.

The government has been unable to get its legislation to abolish the corporation, set up by the Labor government, through the Senate.

Mr Turnbull said the corporation had done some good work but it remained coalition policy not to support any government bank that performed a role that could be just as easily filled by the private sector.

"It's operating, it's well run, it's got a good board, good chief executive - but that is really all I can say," he said.

Mr Turnbull said he was confident the government would meet its emissions reduction targets with the use of direct action and other policies.