Simon Birmingham (SA, Liberal Party, Minister for Trade) Share this | Hansard source

President-elect Biden has made certain policy commitments, and we welcome the fact that President-elect Biden has committed to invest heavily in technology. It's very consistent with the technology road map that our government has outlined in terms of meeting our emissions reductions. The United States is Australia's No. 1 investment partner, so the complementarity that comes with them having technological ambitions alongside our technology ambitions absolutely sit well together.

In terms of energy generation, which Senator Waters asked about, let me again look at the share of solar and wind as part of electricity generation. In Australia, solar and wind now stands at 18 per cent of electricity generation compared to the OECD average of 11 per cent. In the US it's nine per cent. In Canada it's six per cent. In New Zealand it's five per cent, and in Japan it's eight per cent. So, again, Australia leads in terms of renewables, solar and wind—