Josh Frydenberg (Kooyong, Liberal Party, Minister for the Environment and Energy) Share this | Hansard source

Bloomberg New Energy Finance tell us that Labor's 50 per cent renewable energy target by 2030 will cost at least $48 billion. If you had a $48 billion program, you would expect that you would have a bit of detail to show. So I went to the Labor Party's policies from the last election, and what did I find on page 11? I will quote:

'In government Labor will announce the proposed design details for their RET by 1 October 2017.' We have to wait till next year to even see the detail. But not everybody in the parliament or elsewhere is too happy with Labor. Tony Maher, the National President of the CFMEU, has said he is very concerned about the impact on the cost and jobs of that particular policy. The party that gave us cash for clunkers, green loans, the carbon tax and, of course, the citizens assembly can now not be trusted with the renewable energy target. (Time expired)

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