Matthew Canavan (Queensland, Liberal National Party) Share this | Hansard source

My question is to the Minister representing the Minister for Climate Change and Energy, Minister Ayres. Minister, last week the Australian Energy Council released its Delivering Australia's energy transition affordably report, based on a survey of energy sector CEOs. In this survey, one retail energy sector CEO told the Australian Energy Council:

The biggest risk to this whole transition is that the general public haven't really cottoned on to the fact that there's a cost to the transition … Governments have made promises about bill reduction, but it is not coming anytime soon.

A generator CEO told the survey:

The infrastructure required to do the renewable transition is all far more expensive than anyone expected.

Another CEO said:

My feel is that bills will increase for at least the next decade, given the scale of capital being deployed in the industry.

Minister, why are you continuing your net zero plans, given that there are predictions that power bills will increase for at least the next decade, when you promised the opposite?