House debates
Tuesday, 18 September 2018
Distinguished Visitors
Renewable Energy
2:17 pm
Adam Bandt (Melbourne, Australian Greens) Share this | Hansard source
My question is to the Minister for Energy. Investment in renewables in 2018 and 2019 is at record highs, and even the Reserve Bank has said this investment pipeline will bring down prices. As the PM has acknowledged, it's the Renewable Energy Target driving this investment in new generation, while also cutting pollution. But the RET runs out in 2020 and there's currently no policy to take its place, which threatens investment decisions being made right now. To stop renewables falling into a valley of death while parliament works out a new energy policy, will you agree to the Greens proposal of a stopgap extension of the RET out to 2022, or is your goal to be the grim reaper for renewable energy by letting renewables fall into the valley of death?
Mr Pyne interjecting—
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