Queensland’s clean energy leap forward

We’ve just passed landmark legislation to set up Queensland’s economy for the next century and embrace the clean energy revolution.

With an eye to ensuring Queensland’s lifestyle and environment are preserved for future generations, Queensland aims to reduce emissions levels by 75 per cent by 2035 and for 80 per cent of its energy generation come from renewables by 2035.

With Queensland’s growing population we need to continue to grow our energy generations assets.

To ensure that the creation of these energy generation assets don’t translate to higher electricity bills for Queenslanders, it will be renewable energy assets that are the most economic to build per energy kilowatt produced.

The investment in a renewable energy mix means pumped hydro, wind and solar energy will join Queensland’s generation assets.

This mix ensures continuous energy generation regardless of the weather or seasons.

The bill ensures that Queensland’s energy workers are ready for the transition from fossil fuel generation to the renewable future particularly as many of the aging coal-fired power stations reach their end of life.

Earlier this year I travelled with the committee that inquired into the bill to speak to workers at stations like Stanwell.

I can assure Queenslanders that they are not being caught napping in preparing for this transition and they are well and truly on the front foot with their renewable energy investments.

More importantly this legislation ensures the majority of these assets are owned by Queenslanders.

Queensland’s own Clean Co alongside other government owned energy producers will ensure that at least 54% of energy assets are publicly owned.

By keeping electricity assets in public hands, we can deliver the electricity rebate that provides vital cost of living relief to all Queensland households.

In the last year electricity rebates for Queenslanders’ power bills ranged from $550-1072.

This is why it is important to keep energy assets in public hands.

This measure was not supported by all members of parliament with the LNP opposition introducing amendments to remove the public ownership laws from the bill.

Thankfully for Queenslanders the LNP failed to remove public ownership of energy assets on this occasion.

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