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

Of course, as well we know we're more vulnerable to international price increases than we should be because four gigawatts of capacity got taken out of the grid and only one gigawatt put in. We're more vulnerable because we had 22 energy policies announced but not a single one delivered. They left us with an energy grid that was built for the last century. Snowy Hydro is a positive initiative. They just forgot to plug it into the grid.

Those opposite came up with all sorts of fantasies about a way forward, including one in Queensland I well remember—the feasibility study that was happening for the Collinsville power plant. I wonder who they gave $4 million for a feasibility study to. They gave it to the proponent—'Here's $4 million to see if your project stacks up.' They took that to an election. They told Queenslanders that it was going to make a difference.

Government members interjecting—

See this speech in context