Angus Taylor (Hume, Liberal Party, Minister for Industry, Energy and Emissions Reduction) Share this | Hansard source

I thank the member for Moncrieff for her question and I acknowledge her role in small business before she came into this place, including advising small businesses. Indeed, she knows from that experience how important technology is to the success of businesses in this great country and to bringing down emissions, as we strengthen our economy. Of course, we're positioning Australia for success by investing in technologies that allow us to bring down emissions and strengthen our economy at the same time.

There is $20 billion in our Technology Investment Roadmap over the coming decade. We're partnering with countries around the world—Singapore, Japan, the United Kingdom and Germany—to make clean energy technologies more affordable, more reliable and, therefore, more widely used, and that's exactly what's happening in this country right now. This is about technology, not taxes. The member knows that it's actions and outcomes that matter at the end of the day. The runs are on the scoreboard. Emissions are down more than 20 per cent since 2005. One in four houses in Australia has solar on the roof. That's world-beating stuff. More renewables were rolled out in the last year than the entire time when those opposite were in power. The House might be interested to know that the lowest level of renewables in the history of this country was during the Rudd-Gillard government. That's the lowest level of renewables in the history of this country.

We're delivering on Snowy 2.0 and, despite the rubbish the Leader of the Opposition was peddling earlier today, every dam and every tunnel in Snowy 1 was delivered under a coalition government and we're delivering Snowy 2.0. We've seen 10 consecutive quarters of electricity price reductions in the wholesale market, and, in contrast, when those opposite were in power, we saw electricity wholesale prices rising every single quarter. We have a strong track record of bringing down emissions and delivering affordable, reliable power.

There is an alternative approach. It's to talk about grand plans and dreams, but deliver nothing. Those opposite are all concept and no concrete. They don't even have a 2030 target. They have no plan to get to net zero. They never lay out how they're going to do things because we know what they always have in their back pocket is just another tax.

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