Chris Bowen (McMahon, Australian Labor Party, Minister for Climate Change and Energy) Share this | Hansard source

I thank the honourable gentleman for his question. The member refers to events over the last 12 months. A few things have happened over the last 12 months, particularly this year when Russia invaded Ukraine. That happened. I'm sure that the former Minister for Defence is right across all the details about when and how that happened. Another thing that's happened is the impact of that. Today we see thermal coal trading at $534 a tonne, compared to $286 a tonne last December. Of course these things are going to have an impact—

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