Member

Only several weeks ago, some people were suggesting that we should gamble on low fossil fuel prices and cancel the allocation round 7 renewables auction. When I made my Statement on that auction, I warned the House that people can have incredibly short memories, given that we are just four years on from Russia’s invasion of Ukraine. I warned at the time that it was a foolish and dangerous gamble to bet on geopolitical stability during greater geopolitical instability than at any time for generations. I warned that the Opposition had failed to learn lessons from the Ukraine crisis, which caused the worst cost of living crisis in memory, and that a dogma of opposing clean energy would damage this country, and risk families and businesses being left to pick up the bill. The events of recent days have unfortunately shown why that would be such a dangerous and reckless strategy, and we will continue to reject it. Instead, our AR7 renewables auction alone will supply enough homegrown, secure, clean power for the equivalent of 16 million homes. That is power we will not have to source from the international gas market, power that will not be at the mercy of international events, and power over which we, not fossil fuel markets, have control.