Senate debates

Wednesday, 30 March 2022

Regulations and Determinations

Industry Research and Development (Underwriting New Generation Investments Program) Instrument 2021; Disallowance

6:03 pm

Photo of Anne RustonAnne Ruston (SA, Liberal Party, Minister for Families and Social Services) Share this | Hansard source

This instrument provides an essential mechanism to secure more affordable, reliable electricity for all Australians. On-demand reliable power, like the pumped hydro and gas projects supported by this instrument, is essential to keeping the lights on and the prices low. Critically, this instrument will support the delivery of Tasmania's Battery of the Nation pumped hydro project, which will unlock firm, flexible renewable generation that is vital for the future reliability and security of the National Electricity Market and which will support thousands of jobs in Tasmania.

A vote for this motion is supporting the destruction of economic opportunities for Tasmania. It's a vote for a less reliable grid, higher prices and higher costs of living for Australian families.


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