House debates

Wednesday, 7 September 2022

Questions without Notice

Energy

2:15 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

I thank the Leader of the Opposition for his question. I've said absolutely consistently from this dispatch box—I think, on every single day that I've stood here—that we stand by the modelling that we did, the RepuTex modelling. And what the modelling showed was that with our plan, which includes Rewiring the Nation, making sure that you make the grid 21st-century ready, if you actually enable renewables to fit into the energy grid through the integrated systems plan that's been developed by the Australian Energy Market Operator then what you will do is promote investment in renewables, which are the cheapest form of energy. Our modelling showed very clearly what the impact of that would be on households, but the modelling also showed what it would do for businesses as well.

This is not a complex question. That is why the Business Council of Australia, the Australian Chamber of Commerce and Industry, the Australian Industry Group, the National Farmers Federation, the Clean Energy Council, the Australian Conservation Foundation, Greenpeace and the Investors Group—all of these groups, all of these disparate groups—when it comes to energy, have all been united in supporting the position that we took to the election. The reason why business supports our plan is that it will result in lower prices, because if you have a shift in the energy mix towards cheaper energy, as opposed to more expensive energy, then you lower energy prices.

What those opposite want to do, after 22 failed plans, is to go towards nuclear energy. That's what they want to do. And they can say, if you like, where the plants are going to be. I look forward to their review—

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