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

My question is for the Leader of the Government in the Senate, representing the Prime Minister. Bloomberg New Energy Finance released their global New Energy Outlook 2018 earlier this week, and it said that 'renewables will become the backbone of the system', that 'Australia can once again become a cheap energy superpower' and that industries 'will relocate onshore'. Minister, the economics are now crystal clear. Renewables are bringing down power prices. They're creating jobs. They will attract new industries here. So why is the government chaining the country to the National Energy Guarantee, an energy policy that will hold back renewables; will ensure that prices, rather than going down, go up; and will hold down progress in this country?