Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

The clean energy target was proposed by Alan Finkel in his report, and 49 recommendations of that have already been accepted and are being worked through by the relevant energy minister's council. We have the 50th recommendation under consideration.

I'll be very plain with all honourable members: we need to make sure that we get the energy market right this time, because there has been a consistent failure in policy. We need to ensure that the energy market design provides a suitable framework for investment that doesn't simply get new generation but which gets generation of the right kind, because you have to keep the lights on and you have to ensure that people can afford to pay to keep the lights on. That is where Labor has failed. Of course, we will meet our international emission reduction obligations. We're approaching this with a deliberation and a care that was utterly lacking on the part of Labor, when they failed.

Opposition members interjecting—

They can laugh as much as they like, but I'll tell you what: their constituents aren't laughing when they can't pay for Blackout Bill.

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