Senate debates

Tuesday, 1 December 2015

Questions without Notice

Renewable Energy

2:20 pm

Photo of Richard Di NataleRichard Di Natale (Victoria, Australian Greens) Share this | Hansard source

Mr President, I ask a supplementary question. Minister, on average the Clean Energy Finance Corporation and ARENA leverage $2 of private sector money for every dollar they invest in R&D. Is the government aware that if it persists with its abolition bills that on current trends this government would wipe $64 billion of future R&D activity and send this investment capital and our smartest minds overseas to develop these exciting technologies?

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