Greg Combet (Charlton, Australian Labor Party, Minister for Climate Change and Energy Efficiency) Share this | Hansard source

I thank the member for Deakin, again. The member for McMillan, I am sure in very good faith, raised an issue earlier about the Latrobe Valley, and the Leader of the Opposition has visited the Latrobe Valley as well and forecast doom and gloom, death and destruction and the end of the Latrobe Valley. He has forecast the end of the entire region. But, today, just days before the carbon price is to commence, when you look through all the rubbish in the headlines at what has actually taken place, there has been $1.6 billion of refinancing in brown coal electricity generation in the Latrobe Valley. He forecast the death of the Latrobe Valley and there is $1.6 billion in refinancing.

Mr Chester interjecting—

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