Kevin Rudd (Griffith, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

Thank you for your guidance and assistance, Mr Speaker. In this generally shared response, let me go on to the next point I was going to make, which is that the United Kingdom has introduced a price floor for the electricity generating sector to provide incentives for investment. Their target price floor is around $24 for the year 2013-14. Furthermore, I advise the House that we have previously seen the EU price sit above 20 euros for extended periods of time for most of the period between 2005 and 2008, and the price has rarely dropped between—

Opposition members interjecting—

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