❓ Mr. Nalder questions the Treasurer about the cost of Bill Shorten's renewable energy target and its impact on household electricity bills, to which the Treasurer responds he cannot confirm the impact but stresses the need for a consistent federal energy policy.
AnsweredQoN 969Legislative Assembly
QuestionView source ↗
COST OF LIVING — FEES AND CHARGES —
FEDERAL LABOR POLICY —RENEWABLE ENERGY TARGET
969. Mr D.C. NALDER to the Treasurer:
I refer to the Treasurer's
mean-spirited $700 per year cost-of-living increases and the additional $500
per year he has planned. Can the Treasurer confirm the estimated capital cost
of implementing Bill Shorten's 50 per cent renewable energy target and
how much extra households can expect to pay for electricity over and above the
Treasurer's cost-of-living increases?
FEDERAL LABOR POLICY —RENEWABLE ENERGY TARGET
969. Mr D.C. NALDER to the Treasurer:
I refer to the Treasurer's
mean-spirited $700 per year cost-of-living increases and the additional $500
per year he has planned. Can the Treasurer confirm the estimated capital cost
of implementing Bill Shorten's 50 per cent renewable energy target and
how much extra households can expect to pay for electricity over and above the
Treasurer's cost-of-living increases?
AnswerView source ↗
Just to understand the question, can
I confirm the impact of Bill Shorten's policy on capital?
Mr D.C. Nalder : Yes.
Mr B.S. WYATT : No, I cannot confirm that. I do not
know what that impact would be. No doubt, in due course, the federal Labor
Party will give us some more detail around that and, at that point, we will
hopefully make some further commentary. To be honest, I think the member knows
it is a ridiculous question; of course I cannot confirm that. But what I do
know is that, ultimately, we need some certainty of energy policy at the
federal level. I think everybody accepts that. Everybody has seen what happens.
Going back to when the Greens knocked over the Carbon Pollution Reduction
Scheme, we have been on this decade-long energy policy nightmare at a federal
level that is still not resolved. I hope that as a result of federal Labor
effectively adopting the national energy guarantee—I worked very
closely with Josh Frydenberg as the federal energy minister—we will get
bipartisan support for the NEG. We saw what happened there. Unfortunately, the
federal party room supported it but it was knocked over by the Prime Minister
and we started the whole process again. I think everybody in this place should
accept that we need consistent, enduring federal policy around emissions and
energy. I hope we all accept that. That is when we will start to get a better
investment profile and actually have a better outcome for customers across the
country. Even though we are not part of a national electricity market, that
certainty will have an impact on Western Australia. Hopefully, we can achieve
that. Ultimately, if the government changes at the next federal election, now
that federal Labor has effectively adopted a position that the current Prime
Minister and federal Treasurer have said, on the record, is the only way to
reduce power prices, that will hopefully mean that we will get secure
bipartisan support.
I confirm the impact of Bill Shorten's policy on capital?
Mr D.C. Nalder : Yes.
Mr B.S. WYATT : No, I cannot confirm that. I do not
know what that impact would be. No doubt, in due course, the federal Labor
Party will give us some more detail around that and, at that point, we will
hopefully make some further commentary. To be honest, I think the member knows
it is a ridiculous question; of course I cannot confirm that. But what I do
know is that, ultimately, we need some certainty of energy policy at the
federal level. I think everybody accepts that. Everybody has seen what happens.
Going back to when the Greens knocked over the Carbon Pollution Reduction
Scheme, we have been on this decade-long energy policy nightmare at a federal
level that is still not resolved. I hope that as a result of federal Labor
effectively adopting the national energy guarantee—I worked very
closely with Josh Frydenberg as the federal energy minister—we will get
bipartisan support for the NEG. We saw what happened there. Unfortunately, the
federal party room supported it but it was knocked over by the Prime Minister
and we started the whole process again. I think everybody in this place should
accept that we need consistent, enduring federal policy around emissions and
energy. I hope we all accept that. That is when we will start to get a better
investment profile and actually have a better outcome for customers across the
country. Even though we are not part of a national electricity market, that
certainty will have an impact on Western Australia. Hopefully, we can achieve
that. Ultimately, if the government changes at the next federal election, now
that federal Labor has effectively adopted a position that the current Prime
Minister and federal Treasurer have said, on the record, is the only way to
reduce power prices, that will hopefully mean that we will get secure
bipartisan support.
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