Bowen calls for compromise on Labor's climate policy, as final vote on legislation looms

Energy Minister Chris Bowen warns a failure to pass the bill will result in rising emissions. (ABC News: Ian Cutmore)

Climate Change Minister Chris Bowen is warning the Greens against voting down Labor's signature climate change legislation, arguing "no reform means no change".

The federal government's Safeguard Mechanism Bill would require the nation's 215 largest-polluting facilities to reduce their emissions by 4.9 per cent each year to 2030, or face penalties.