Senate debates

Monday, 11 September 2017

Matters of Public Importance

Energy

5:03 pm

Photo of Jacqui LambieJacqui Lambie (Tasmania, Independent) Share this | Hansard source

Imagine how the men and women in what used to be Holden's factory in South Australia feel watching the debate around coal and renewable energy. I'm glad I don't have to explain why Holden closed its factories after the coalition government refused to support them with taxpayers' money. They've been watching the government falling over itself to change the rules to subsidise coalmines and power plants, wondering why it's one set of rules for one industry and another set for another. Obviously, I need to ask the question: didn't Holden give enough political donations?

We set up rules for how the energy market will operate and then we ask people to invest based on those rules. Then we change the rules and wonder why nobody wants to invest. It's not the fault of the renewable energy target that nobody wants to invest in new coal-fired power stations—and, when I say nobody, I mean nobody outside the Nationals party room. Blaming the success of one technology for the decline of another makes no sense when what's needed is a mix of all of the above.

Renewables and coal have to coexist. This isn't like the rise of CDs, marking the decline of cassettes. We need all of the above. Any government with foresight would have seen the problems we're experiencing today coming a mile away. Instead of shoring up Australia's energy security, governments on both sides have preferred to play the leadership version of musical chairs. For a party obsessed with opinion polls, they've done a shocking job of listening to the polls telling them the price of electricity is one of the biggest issues concerning all Australians. If you really want to help with electricity prices, stop fighting and arguing and start working together. Energy policy needs to be bipartisan, and, as long as it is not, there will be question marks over its future, let alone its investment. The higher the uncertainty, the higher of price. Stop blaming renewables for your failure to reach consensus. The problem isn't your subsidies; it is your party room.

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