Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

Senator Babet, I'm happy to ask the minister I'm representing whether there are examples around the world of what we also see in Australia, which is that renewable energy is the cheapest form of new generation capacity. That is an unremarkable proposition—a proposition that is shared by those who manage our electricity system as well as the business community. I respect that Senator Canavan is very clear in his interjections about his views on this issue. They're not shared, as I understand it, by the remainder of the coalition. But we see, as do business, benefit to Australian consumers from certainty that enables the investment in renewable energy in order to ensure that we have a system that has greater supply and relatively lower prices.