Bill Shorten

Bill Shorten has accepted the emergence of the greener Turnbull government, proclaiming Labor is now ready to accept in “good faith” signs that the Coalition will manage wind and solar energy on their merits.

In what the Labor Party has promoted as a landmark speech on energy strategy that leads up to the 2016 election year, Mr Shorten has increased an olive branch to the new Prime Minister, informing him that the sharp decline in renewable energy investment in Australia is an international abnormality that must be sorted out.

“This has to change,” he will argued.

“And perhaps – at last – the government will stop fighting Labor on this.”

“Like you, I welcome the fact that the Liberal leadership no longer sees wind turbines as a horrifying blight on the landscape … a creeping menace lurking on the horizon. The muzzling of the far-right’s ideological attack dogs in the clean energy debate is long overdue, and it’s a gesture I’m prepared to accept in good faith.”

“I’m hopeful our Parliament, our politics, can move past the basic, binary argument of whether renewable energy is ‘good’ or ‘bad’.”

He stated that the strategy is dependent on a “consultative and consensus building” plan designed to stimulate investment certainty and job security.

“Above all, our priority is a managed, predictable long-term modernisation process for our electricity sector,” he will say.

He also confirmed that Labor’s confidence to an emissions trading scheme.

“Labor is committed to an emissions trading scheme – a market solution for tackling climate change,” his notes say.

“And we have also set a bold new goal for renewable energy – 50 per cent of Australia’s electricity to come from renewable energy, by 2030.

“Yes, this is ambitious – but it is not impossible.”

“This isn’t about recklessly dashing ahead of the rest of the world. This is a plan for Australia to catch up and cash in on the opportunities of the Asian century.”

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