Senate debates

Thursday, 30 March 2023

Questions without Notice

Foreign Investment

2:40 pm

Photo of Simon BirminghamSimon Birmingham (SA, Liberal Party, Shadow Minister for Foreign Affairs) Share this | Hansard source

Ueda-san also said that Australia is competing for global investment, and the changes we are seeing to Australian policy settings will 'choke investment and strangle the expansion of LNG projects in this country'. The consequences of these well-intentioned policies will mean the 'increasing energy demand in our region that will be met by coal and not by natural gas'. Senator Farrell, will Labor's gas market intervention increase demand for coal and, as Ueda-san says, make net zero by 2050 an impossible task?

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