Ms Julie Bishop (Curtin, Liberal Party, Minister for Foreign Affairs) Share this | Hansard source

In contrast to the Turnbull government's reasonable plan, Labor have embraced the reckless policies of the Greens: a 45 per cent emissions reduction target, way beyond that of any comparable economy—a 50 per cent renewable energy target that will drive power prices through the roof and will see an increase in blackouts, as we've seen in South Australia. The Labor-Greens policy wants to close down coal-fired power stations. Our plan does not involve subsidies. Labor and the Greens want to spend $66 billion on subsidising renewable energy. That will drive costs through the roof, because the subsidy will be passed on to consumers, and they will bear the cost of Labor's reckless policies. The Labor-Greens policy on energy will hit the economy hard, will undermine jobs growth and will drive up unemployment. The choice is clear. Labor stands for higher power costs; the coalition stands for affordable and reliable electricity.

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