Po­lit­i­cal en­ergy de­bate

Whitsunday Times - - YOUR SAY -

LIS­TEN­ING to the LNP lec­ture

the La­bor Party about elec­tric­ity is like lis­ten­ing to de­sign­ers of the Ti­tanic about mar­itime safety.

Queens­land has the cheap­est, most re­li­able power on the east­ern seaboard be­cause we stopped the LNP’s pro­posed plan to sell power as­sets.

The LNP says it has a plan to push down re­gional elec­tric­ity prices by in­tro­duc­ing com­pe­ti­tion.

La­bor is al­ready push­ing down re­gional elec­tric­ity prices, by rein­vest­ing the div­i­dends from our pub­licly-owned en­ergy com­pa­nies in elec­tric­ity price relief.

We are in­vest­ing al­most half-a-bil­lion dol­lars this year

to sub­sidise re­gional elec­tric­ity prices so fam­i­lies in re­gional Queens­land pay the same as fam­i­lies in the south-east cor­ner.

But re-in­vest­ing th­ese div­i­dends is only pos­si­ble be­cause we did not sell th­ese as­sets, which is what the LNP would have done.

Un­der the LNP, th­ese div­i­dends would be in the hands of off­shore multi­na­tion­als.

What’s the chance of plead­ing with boards and CEOs over­seas to hand back that money to drive down prices for Queenslanders?

— An­thony Lyn­ham, Min­is­ter for Nat­u­ral Re­sources, Mines and

En­ergy

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