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SenateTuesday 11 February 2025

QUESTIONS WITHOUT NOTICE

Senator ROBERTS (Queensland) (14:38): My question is to the Minister representing the Minister for Climate Change and Energy, Senator McAllister. On Monday, Minister Watt provided a figure for the cost of the net zero transition to the economy at $122 billion. AEMO discounted the $500 billion cost by seven per cent a year, producing a figure of just $122 billion.

This left out substantial elements of the cost, which Frontier Economics puts at over $650 billion. There was no allowance for behind-the-meter power, where you go in and take power out of people's wall batteries and EVs. Minister, what is the cost of this behind-the-metre cost to households and businesses that you have left out of the net zero costs?

SourceSenate, Tuesday 11 February 2025 — official recordTA-250211-senate-914edcc1e2fa:s233