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US Tariffs Could Hit Queensland Hard

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We need One Nation’s national-interest-first policies that will:

✔️ restore and protect Aussie industries

✔️ fix energy

✔️ cut immigration

✔️ restore sovereignty

Thanks for having me on your radio show Jason @2GB873

Transcript

Jason Morrison: There’s a lot of talk about Donald Trump, but there is actual stuff going on today with respect to tariffs.  There’s a whole batch of countries that have had letters sent to them from the US government in the most bizarre manner on Truth Social, signed letters from President Trump saying, “Dear Japan, Dear South Korea, Dear Malaysia, Dear Kazakhstan, Dear South Africa, Dear Laos” – informing their leaders of the tariff situation and what will be imposed on them.  Japan, Korea, 25% tariff to the US.  The other nations – Malaysia, South Africa, Myanmar, Laos – they’re at 40%.  You could go through the list.  Now we haven’t got ours yet. And perhaps we could be given an extension because we still haven’t had a conversation with the guy.  Right?

So maybe, just maybe, we might get it but there is a chance that we may get a letter too telling us what the outcome will be.  So, when you think about it, this puts at risk our food industry exports, our mining industry exports, our gas and you think – put all those together, there’s really, I mean Queensland is the home of gas, of coal, of food.  There’s a lot on the line for the state of Queensland, but a lot online for all of us here with this.

So, I thought I would just dip into Queensland for a second and talk about what the impact of this will be if this goes the way we fear it will go for Australia. 

Malcolm Roberts is Senator for QLD – One Nation and One Nation has got, you know, they’re heading towards as many senators in the parliament as the National Party.  So their view on this matters.  I thought I’d talk to him.  Malcolm Roberts, gidday.

Malcolm ROBERTS: Gidday.  What do you mean dipping into Queensland?  Is it just before the State of Origin, Jason?

Jason Morrison: Just before it, yeah.  Just a little trip up north.  I must say …

Malcolm ROBERTS: You’re not playing psychological games on us, are you?

Jason Morrison: I’ll tell you, we’ll try anything, anything at all.  But you’ve got to think about it.  Food exports, huge Queensland.  Coal, huge Queensland.  Gas, huge Queensland.  It all happens in Queensland.  And unfortunately NSW has made itself the recipient state, because if it wasn’t for you blokrd generating all the power, we wouldn’t have enough here too.  Now that’s got nothing to do with tariffs, but it does show that these economies are fragile, and tariffs could do something.

Malcolm ROBERTS: I’m glad you mentioned energy actually.  It’s not a distraction at all, Jason – it’s fundamental to a modern economy and modern civilization.  And when we’re destroying our electricity grid, as we are across the whole of the East Coast of Australia, you know, SA, Victoria, NSW and Queensland, we are making ourselves into a very precarious position. But there is something else that needs to be added. Queensland has the potential for enormous exports of rare earths in minerals from northwestern QLD – there’s a whole area there still to be opened up and our state government for decades now have neglected the northwest. But we have got the potential for really putting Australia on the map when it comes to rare earth metals.

Jason Morrison: I should point out, Malcolm is (was) a mining engineer and I guess you never stop being a mining engineer and thank goodness he understands it because very few in parliament do, but what would be the impact of these US tariffs on the Australian mining industry, which powers this country?

Malcolm ROBERTS: I don’t know enough about the actual details of what they’re what tariffs are putting on, but I think Trump has shown throughout his life that he’s a negotiator.  He throws the cards up in the air, catches everyone off guard and then jumps in when he’s picking up the cards.  So I don’t know what he’s got in mind, but he has shown signals with other countries that he’s after rare earth metals for America to compete in the modern age.  So there’s a huge opportunity for us there.  But you know what’s really – what this is really is a wake up call.  We haven’t been given a letter.  We’ve just been assumed that we’re going to be treated like we’re still at 10%.  But they are part of Trump’s agenda to put America first.  And that’s something that our country needs to start doing.  Under Liberal and Labor, for decades, we have not put Australia first.  We’ve sold out on free trade agreements. We’ve sold out our manufacturing with the Lima Declaration in 1975, which the Labor Party signed and the Liberal Party ratified the following year in 76.  So what we’ve got to do is take a lead from Donald Trump and start putting Australia first.

Jason Morrison: So let me turn that around.  Would you support Australia having a tariff attitude?

Malcolm ROBERTS: I think we have – yes, I would.

Jason Morrison: So let’s put this practically speaking.  So we could have maybe protected the Australian car industry from where it is now, which is almost non-existent.  I mean we make buses and caravans here, we don’t make cars here, we could have actually kept one going?

Malcolm ROBERTS: Correct.  We do need to consider – you know Whitlam signed the Lima Declaration which basically transferred our manufacturing to China and other Asian countries.  That was done deliberately under the UN Lima Declaration in 1975.  The Liberals have ratified that in 76 and have perpetuated it.  Manufacturing has been shot.  It’s not only tariffs that have caused the problem.  The number one cost component in manufacturing, Jason, is not labour anymore, it’s not wages. It’s electricity by far and what we’ve done in this country with putting up UN policies, Net-Zero Paris Agreement etc, we are destroying our electricity sector.  We’ve now got – we’ve gone from being the cheapest power in the world to amongst the most expensive.  All due to the UN policies. And that is destroying our manufacturing. What we’re doing is we’re subsidising with our taxes and with electricity prices, the Chinese to build subsidised solar and wind complexes in this country.  And we’re subsidising the Chinese to do it and to run it.  And we’re then sending our manufacturing jobs to China.

Jason Morrison: It’s a really interesting point.  I think people do forget that often.  We think because this is an expensive country, our labour’s expensive versus the rest of the world, we pay big money per hour for people working manufacturing versus what other nations do, but they’re not dumb enough to put their power through the roof.  Son we’ve done both.

Malcolm ROBERTS: Correct.  And it’s not just power – power on manufacturers, on employers and businesses, it’s the higher cost of living due to failed energy policies. The rampant inhuman – I would call it inhuman – excessive immigration in this country, which is shooting house prices through the roof, making it unaffordable. People in – we’re really screwing the lives of people in their 20’s, the young adults, the future leaders of this country, future citizens of this country are being jacked off because they’re just facing HUGE cost increases.  And electricity is a critical component in every part of our economy. And then we’ve got COVID fraud and mismanagement, which led to Pfizer and Moderna getting $18 billion in wealth transfers.

Jason Morrison: Oh, gosh, we don’t have enough time to do that.  But yeah, you’re right.

Malcolm ROBERTS: But we have looked after foreign corporations, Jason.

Jason Morrison: Over the top.

Malcolm ROBERTS: That’s just one example.

Jason Morrison: Yeah, and you know, I always think about it because people always – people in their 20’s – I have kids that are in their – 13, 11 and 9, they don’t have a vote, they don’t have a say.  And yet the decisions being made today are going to be decisions that they will pay for.  And the kids of today are being punished by the stupidity and ignorance of so many people that are electing clowns to high office.  And we’re getting basically – we’re not paying for it because they’ll be the ones that end up paying for it.

Malcolm ROBERTS: Correct.  You hit the nail on the head and the reason is because, you know, our constitution is the only constitution in the world in which the people got a vote on the constitution before it was introduced.  The only one!  And that the constitution puts the people at the top of the sovereignty arrangements in this country.  And yet what we’re doing – what we’re seeing in this country for decades under Labor and Liberal is people serving the government.  It should be the government serving the people.  Put Australia’s interests first. We need to be working to restore independence and that means freeing up electricity, stopping immigration at the moment and until we catch up with infrastructure and housing and until we can start to understand what’s really going on.

Jason Morrison: Yeah, hear, hear!  I mean, you know there will be people listening – “listen to this radical stuff being spoken” – never a truer thing has been said.  That is it!  Good on you.

Malcolm ROBERTS: Our Prime Minister has met with XI Ji Jingping four times.  Why so much effort into China?  I know they’re a big trading partner, but why so much effort into China?  What about the rest of the countries in the world, including America?

Jason Morrison: Yeah.  That’s so true.  Good on you.  Nice talking to you, Malcolm.  Thank you.

Malcolm ROBERTS: Thank you, Jason.

Jason Morrison: That’s Senator Malcolm Roberts from One Nation, who is a smart man and he’s one of these fellows when he speaks, it’s worth listening to what he’s got to say. Doesn’t just shoot from hip – you can tell he reads a lot and knows a lot. I think what we are seeing at the moment is just – it’s like they’ve pushed levers wrongly.  They’re pushing up wages, pushing up power and they’re just making everything in Australia uncompetitive at the moment, including living here. It’s just you can’t help but think there must be somebody behind them pushing the levers for them because it’s just so dumb.  And surely if you’re smart enough to get elected, you’re smart enough to know these are not smart.

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94,400 Young Aussie Miners at Risk

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How Net Zero Threatens the Next Generation!

Nigel Farage’s unapologetically anti-Net Zero #Reform party is making headway in Scotland.

This sounds strange.

Scotland has always been a rather left-leaning, working class, union-centric nation so for Net Zero to suddenly become a defining feature of a minor-right movement is worth a second look.

The answer is simple.

Jobs.

By 2030, it is expected that 58,000 jobs in North Sea oil and gas will be gone.

Replacing them is a meagre (and as yet unproven) 29,000 jobs in offshore wind.

There’s a real and serious concern about how many of these jobs will be filled by foreign nationals, especially as this was already happening before loopholes were closed. If offshore wind cannot convert workers locally, businesses will hire internationally.

Bureaucrats seem to believe that all forms of energy production fall under the same portfolio and that workers can wander between oil rigs and wind farms…

The truth is, just because the two industries revolve around ‘energy’ it does not follow that those employed in the oil and gas industry can change their qualifications to work in offshore wind.

Oil rig workers are highly specialised, well-trained, and experienced. Throwing their livelihoods into the dustbin in pursuit of an increasingly dodgy-sounding ‘decarbonisation’ project is starting to turn voters away from environmental fascism.

Most oil and gas workers know they’ll be forced to retire.

This is a truth Australian Unions refuse to acknowledge.

They remain prepared to throw Australian workers under the Net Zero bus.

The UK is ten years ahead of Australia when it comes to the energy ‘transition’ – and they are in a serious mess.

Net Zero has become the failure that unites Labour and the Tories.

Reform saw the truth early, and maintained its position in support of reality, workers, and sensible energy. One Nation saw the truth years before Reform even existed as a movement.

Of all the parties in the Western world on the centre-right, we were the first to warn about the dangers of Net Zero.

There is nothing modern about Net Zero. If anything, it’s an idea past its use-by date which is starting to fester and grow all sorts of nasty things.

Under Sussan Ley and David Littleproud as leaders, the partly repaired Coalition has shied away from rigorous support of Net Zero, yet they are defending ‘climate goals’ and ‘decarbonisation targets’ with the same zeal that Treasurer Jim Chalmers eyes-off super balances.

Which is the same thing.

When the next election rolls around, we will have an agreement from the major parties that Net Zero is law and the ‘transition’ is unstoppable.

Sadly, we’ll also see voters with little understanding about the source of civilisation’s trappings telling tens of thousands of young Australians who work in the coal and gas industry that they are dirty, evil, and unwanted in the ‘modern’ world.

This is not their fault. Inner-city voters have been lied to by the whole damn system, and they often lack real-world experience to combat these cruel untruths. Nor can they see the families being hurt by green policy.

The Australian Greens, for instance, want to stop fossil fuels.

Except, of course, for the coal, gas, and oil mined and shipped offshore to generate cheap energy for China so they can make solar panels, wind turbines, and batteries used in the so-called green energy revolution.

Green energy is built on fossil fuels.

This is a wasteful way of utilising Australia’s natural resources while saddling the highly skilled men and women who mine them as the villains of history.

Well, I refuse to believe that, and I refuse to allow Australian miners to be thrown out by ideologues in Canberra chasing inner-city seats.

There are 94,400 workers in the sector under 35 and 52,600 under 30.

The Greens, Labor, the Teals, and a majority of Liberals, all claim to be against this industry and yet the truth is they want these mining jobs to be shipped offshore to places like China, Africa, and the Pacific. They want someone else to benefit economically from the creation of energy and for Australians to circle the drain of consumerism until this nation becomes so dependent that it can’t so much as manufacture the shovel to dig itself out of the mess.

This is the dirty side of carbon trading.

One Nation supports Australian workers. We do not demonise them.

Our party wants young Aussies to have the same opportunity we had to turn the natural gifts of this country’s soil and rock into cheap, reliable energy for other Aussie families – including those who live in the city.

From miners to retail workers, energy is the foundation of a safe, affordable, and prosperous country.

94,400 young Aussie miners at risk by Senator Malcolm Roberts

How Net Zero threatens the next generation

Read on Substack

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Net Zero Policies Are Costing Us—Let’s Change Course

Australia has abundant natural resources, yet the Labor-Liberal uniparties want to DESTROY our prosperity with Net Zero policies!

One Nation says NO to this madness. It time our resources were used for cheaper energy and Australian jobs! It’s time to end this attack on Aussie families!

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Energy Reality: 81% Coal and Gas Reliance

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I’ve got a very simple goal – make it as cheap as possible to turn the lights on. Peter Dutton and Anthony Albanese say we should comply with the Paris Agreement instead.

You can only trust One Nation to put Australia and your power bills first.

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How the West was Lost

On the one hand, Australia bans the use of its own natural gas, while on the other hand plans huge gas processing and export expansion for international bidders.

We’re sending our natural resources overseas to power the economic prosperity of China, India and other nations. Then we’re buying back unreliable wind and solar manufactured with our gas and coal.

Maybe the Greens will appreciate the irony when they’re sitting in the dark without cooking and heating. Gas should be our back-up to the energy shortfalls, not the bad guy.

This war on gas is a heist under the banner of UN ‘net-zero’. The only winners are the billionaires involved with the corrupt UN-WEF “sustainability” agenda.

Transcript

As a servant to the many different people who make up our one Queensland community, I thank Senator Pocock for his motion. I question why we need a dedicated export facility for the Beetaloo Basin’s natural gas. Australia has 10 natural gas export terminals—two in Darwin. Beetaloo output is expected to be huge, and much of it should be used here in Australia, not exported.

Australia’s parasitic mal-investments in wind and solar are destroying our energy generation capacity. Gas generation is essential to keeping the lights on, while commercial gas hot water and cooking are likewise essential. Everyday Australians will never accept the insane idea that Australia should stop using gas. This is despite the advertising spent on climate campaigns designed to do one thing—line the pockets of climate carpetbaggers, like those funding teal senator David Pocock’s campaign. Gas connections are being banned in new builds and existing lines will be ripped out because, at some point, we will need to recycle that copper, since world production will never be able to supply the copper needed for UN net zero.

My own building that I rent in Campbell, in Canberra, sent out a note to owners this week saying that the body corporate had been told they will need to remove the gas hot water system, rip out the pipes and remove all gas appliances by 2035. Homeowners will have to pay the bill—likely, over a million dollars all up. This is a brand-new building! What a waste.

On one hand, the green ideologues will require owners to spend tens of thousands of dollars per unit to pull out near-new hot water heating, gas lines and equipment and replace them with less efficient solutions. Then the ideologues will complain, ‘Rents have gone up!’ Of course rents are going up. Green ideology is forcing rents up by forcing landlords’ costs up. How are the climate lobby not connecting the dots here? How much more productive capacity are we going to rip out, to replace it with shiny new electric capacity that doesn’t do the job as well as gas? Never mind the environmental waste of tossing millions of stoves into landfill where they can rot beside broken and toxic solar panels and wind-turbine blades! And these people were worried about plastic straws! Please!

One gas provider proudly claims on their website that they’re banning gas to ‘save the planet’. No, you are depriving Australians of our own gas so you can sell it for a larger profit into an energy starved world market, a situation the government’s price cap on gas made worse because it made exports more profitable than domestic sales in a disrupted supply market.

Meanwhile, another energy retailer is advertising on their website—listen to this—that:

We all like to do our bit for the planet, so you’ll be happy to know you can reduce your household carbon emissions by switching from appliances running on grid electricity to natural gas.

It goes on to say that ‘gas is the perfect partner for solar’ and by connecting your home to natural gas you ‘can lower your carbon emissions by up to 77 per cent in Victoria compared to electric cooking and hot water appliances.’ Which is it? Is gas a perfect partner to solar or is it environmental vandalism?

Another energy provider’s website has a spiel about renewable gas, which turns out to be hydrogen. Hydrogen is not even a viable fuel yet as it takes huge amounts of energy to make it out of water and yet they have rebranded it already. That must be some sort of record! What a mess climate carpetbaggers have created through their green and teal shills in the Senate. What I have not heard in the gas debate at all is a major reason gas is better than electricity, and that is transmission loss. Electricity suffers transmission loss getting from the point of generation miles out in the countryside to homes in the city. Gas does not suffer a transmission loss. Factor that into energy calculations and electrification becomes an even worse idea.

We’re banning Australians from accessing our own natural resources while allowing our gas to be flogged off to international bidders at a premium just as our coal is shipped to China where it powers the solar panel and wind turbine export industry that the Greens and teal Senator David Pocock worship with no hint of irony. Meanwhile, a rapidly increasing global energy market values and prefers hydrocarbon fuels, coal, oil and gas. The West is deindustrialising while the rest of the world, including China, India, Pakistan and Bangladesh, are industrialising using our gas and coal. The war on gas is a heist of our nation’s natural resources. We’re sacrificing economic prosperity and the opportunity for advancement for all the Australians in the name of a corrupt United Nations sustainability agenda that sustains nobody except the billionaires behind it all. It is wealth transfer from we the people to global billionaire elites and global predators like BlackRock, Vanguard and State Street.

One Nation rejects the electrification of Australia’s gas supply and questions the Middle Arm project. Natural gas must stay as a choice for all— (Time expired)

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Labor rams through communist style control over the gas industry

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In an abuse of Parliamentary process and at great expense to the taxpayer, Anthony Albanese has called everyone back to Canberra for one day to pass his thought bubble that will not bring electricity prices down.

While capping gas prices might sound good in the short term, in the long term it will mean less supply and more expensive power prices when the cap runs out in 12 months.

Instead, we need to remove all of the wind and solar subsidies. Let coal do its job as a reliable baseload power and remove the roadblocks for nuclear energy.

Wind and solar caused this energy crisis, capping gas prices won’t fix it.

Transcript

President, as a servant to the many varied and hard-working people in our QLD community, I’m happy to travel back to Canberra for this session while recognising that due to yet another Labor-Greens-Teal rushed bill many senators cannot.

I’ve submitted a document discovery today to find out exactly how much taxpayers’ money was wasted on this disgusting spectacle.

It would have been wise for the Government to work out what we were returning for prior to recalling the Senate, instead of this chaos to get a bill ready at 9.30pm the night before.

With no Committee oversight, no public scrutiny, no industry scrutiny, a shocking bill rammed through courtesy of the ALP, Greens and Teals Senator Pocock in a single day, in return for quid pro quos next year.

There’s a point where the process this Government uses to get Greens’ and Teal Senator Pocock’s support moves past what is proper into very questionable territory.

Under this bill, the gas industry is being murdered for the financial benefit of rival industries – wind and solar, who are financial supporters of the Greens and Teal Senator Pocock.

It should be clear by now the Albanese Labor Party are not the ones running the country. In the senate, the Greens-Teal Pocock alliance run government.

The Treasury Laws Amendment (Energy Price Relief Plan) Bill 2022, has I’sure been met with popping champagne corks from comrades on the labour left.

Soviet-level powers right there, in the Government’s grasp.

The Government regulation will decree what gas can be sold, to whom it can be sold, for how much it can be sold, who can be refused permission to buy or sell and who can be forced to buy and sell.

The Greens and Teals can’t wait to write those regulations.

A frightening power grab from a desperate government without a clue how to solve the energy crisis it helped create and now worsen.

What industry will be next?

Don’t be fooled with this talk about temporary price caps. This legislation includes a code of conduct with permanent price controls built in.

How much will that ongoing cap be?

This is done through Legislative Instrument, so whatever the cap is, the Commissar, Minister can change it at the stroke of a pen with no appeal mechanism.

Make no mistake if this bill is passed those regulations will escalate in lockstep with the Government’s desperation to control runaway energy inflation caused from escalating power shortages.

Under the Liberal/National government, tens of billions of dollars in direct subsidies have been poured into unreliable wind and solar.

These are incapable of supplying baseload power at an affordable price.

Because the market has not closed hydrocarbon power down as fast as climate bed-wetters want, coal-fired power stations are now being threatened with closure using State Government powers.

This is what is known in finance as political risk.

As the supply of electricity becomes less reliable, afternoon price spikes are becoming common place and everyone’s power bills go up.

There’s a lesson here. Intervening in energy markets to push a political ideology has unintended consequences.

With this legislation Australia is preparing to take our place alongside the Weimar republic, Yugoslavia, Hungary and Venezuela on the list of Governments who ignored history and as a result destroyed their economies.

Venezuela should be a lesson for Australia. Socialist President Maduro spent his first term in 2012 spending every cent the Government earned from oil exports.

Windfall revenue was spent on programs that sounded good on social media, yet proved unsustainable.

Australia is spending every cent we earn from coal, gas and mineral exports just like Venezuela.

When the oil boom ended, Maduro started printing money to keep wasteful government spending going.

Australia over the last three years printed $500bn using electronic journal entries.

Maduro’s print and spend caused prices to double each week, and Maduro responded with price controls.

Australia’s inflation rate is at a 30-year high, nothing like Venezuela’s, and yet we have price controls being introduced with this bill.

Price controls cover up the problem. They never solve it. They make it worse.

To take such an authoritarian measure is an indication that something has this Government and the Premiers spooked – likely the REAL inflation rate that will result from net zero measures?

Time will tell.

The way in which a western country like Venezuela lost control of their economy should be a warning to Australia.

For three years ’print & spend’ measures have been waived through on Liberal, National, Greens and Labor uni-party voices.

Labor did not inherit Scott Morrison’s mess, Labor in the states were part of Scott Morrison’s mess.

Whether our inflation rate from this point forward moves up or down is squarely in the Government’s hands.

A small number of people in the government think they are smarter than the free market.

The same free market has for generations successfully combined hundreds of thousands of workers with hundreds of billions of dollars of capital equipment, in order to successfully manage trillions of dollars in mineral resources for the lowest cost to the consumer.

Now though, our Federal and State Labor Governments, together with the fake Christian, fake Conservative NSW Government of Matt Kean and Dom Perrottet, think this piece of legislation will fix what they broke.

So much hubris combined with so little knowledge of history & economics will be the downfall of our beautiful country.

Veneztralia here we come.

In six months the Albanese government has steered Australia from ‘welfare liberalism’ to socialism.

Next port of call will be ‘statism’ before Labor reach their ultimate destination – communism.

I notice some commentators have been calling for the Government to penalty tax the very high profits being experienced in the minerals industry in recent years.

Instead of making money for taxpayers the Prime Minister decided instead to just destroy those profits, so the shareholders don’t get them, the tax man doesn’t get them, nobody gets them AND the taxpayers are paying $1.5bn a year in subsidies from our debt-financed budget.

$1.5bn over two years is only one percent of the household and small business electricity market, this measure is more public relations than realistic assistance.

One Nation will not be wedged on this payment. Borrowing money from Australians to give back to Australians is a pointless exercise. It literally transfers money from children to their parents.

Responsible parents do not fall for this.

It is a sugar hit that takes attention away from why electricity prices are so high.

Rising electricity prices come from several different aspects of the government’s net zero transition, which, for clarity is a transition away from cheap and reliable, coal baseload power to fairy tale, nature-dependent solar and wind power.

Treasury are projecting electricity prices will rise 36% next year. If passed this bill will reduce that rise 6.5%, and if the States cap the coal price this will save another 6.5%.

In any event electricity is still going up next year. Households can expect a rise of $420 using the Government’s own sums. A rise of 23%. Almost a quarter higher.

When these measures fail, and they will, the rise will be $650.

Today I submitted a motion for a document discovery on the modelling claiming the increase will be 23% not 36%. Including the element of any electricity price rise caused as a result of the Ukraine war.

I look forward to seeing this ‘modelling’

The Treasury Laws Amendment (Energy Price Relief Plan) Bill 2022 deals with gas only. The Albanese Government has dumped the coal price ceiling on to the states to avoid having to pay compensation.

John Howard’s government pulled that same bypass around the Constitution when he took property rights away from farmers to meet UN Kyoto targets without paying a cent in compensation to farmers.

The Albanese Government has joined John Howard’s government in destroying trust in Government, with the result Government must apply more and more coercive measures to govern.

Australia’s gas price has been a problem since the end of 2020. The government’s Australian Energy Regulator confirms the rise in gas prices started a full year before Russia invaded Ukraine.

Treasury and the Government spin doctors blaming Russia for electricity price rises is dishonest. Deceit.

Gas and coal price rises have resulted from the need to back up unreliable wind and solar with gas, combined with colder temperatures and a wind drought across Western Europe.

At the same time the idiots in power in Western Europe closed their coal and nuclear plants.

Gas became the only thing keeping their lights on.

Dishonestly blaming Russia instead of the correct cause – net zero energy deficits, will lead Australia down the same dishonest, inhuman path as Europe.

This bill quite simply fixes the wrong problem.

The war on coal has meant Australia cannot meet the world demand for coal and as a result prices are high, and market demand has switched to gas, those prices are now going up.

Australia has a coal and gas supply problem, not a price problem.

Australia must take the jackboot off the coal and gas industries and allow more production.

Rather than imposing old soviet-style controls on the gas industry under this bill, the Federal Government could have gone with a much simpler and less onerous option.

Western Australia has had a domestic gas reservation since 2006. This requires Gas extractors to reserve 15% of production for Australian domestic use.

This scheme has produced a gas price around $5 a gigajoule, which is production cost plus a fair profit.

Prime Minister Albanese could have used this system on a national level. He chose not to.

Instead, the Prime Minister has gone with old soviet-style legislation that will cost Australians twice as much for gas than a reservation system would have cost.

Why would they do that unless the reason for the legislation is not the price cap and is instead this bill’s industry control powers?

In two or three years’ time the public will be marching on Parliament House to protest electricity bills that are so out of control power that companies will be disconnecting people left right and centre.

Once the serious protests start this Government will reach for the permanent price controls in this bill to force coal and gas extractors to sell to electricity generators at next to nothing, just to save themselves.

There is a showdown coming in this place.

This morning Adam Bandt confirmed that the Greens and Teals are committed to eliminating the gas industry.

Hydrocarbons have lifted Australians and the world out of poverty. The Greens will cast our beautiful nation back to the dark ages.

Gas is essential to firming solar and wind, which means gas and coal are the only things keeping our lights on, our fridges running and industry functioning.

And electric vehicles running.

Without gas and coal the economy will be entirely reliant on nature dependent solar and wind power and battery backups that carry a price tag above $100bn and require renewal every 10 years.

Green energy is no energy. Eliminating gas and coal is insanity.

The Albanese Government’s proposal for a coal price cap will not reduce electricity bills and most likely, will increase them.

Coal plants buy their coal on long term supply contracts. The cost they are paying is not the spot price, it is much less.

The cap of $125 a tonne is above the contract supply price currently being paid at coal power stations, of $80 to $100 a tonne.

It is most likely that suppliers will increase their supply price of coal to $125, knowing that’s the safe limit.

A coal price rise is the most likely outcome from these measures.

A 6.5% fall is technically impossible. For the sake of argument let’s assume the price of coal in 2023 would have been $175 and is now $125 as a result of the cap.

Let’s have a quick look at the effect of that $50 a tonne reduction.

The energy density of coal is 6.7kw/h per kilo, which means one tonne of coal produces 6.7MW/h of electricity.

That’s enough to run 1600 homes in Queensland for a day.

So a $50 saving divided by 1600 homes….at the most simple level of analysis, this measure will save householders .3c a day on their electricity bills.

Not 6.5%, which is $110 a year, $11 a year.

Because coal fuel costs are a tiny portion of the coal-fired electricity price.

The Government’s measures are being sold with a deceitful public relations spin, hiding onerous, soviet-style powers that are the real reason for this legislation.

There’s another serious risk to our energy security this bill ignores – rising interest rates.

Six interest rate rises in 6 months under this Albanese Government.

Rising interest rates increase business overheads right across the energy industry.

Our electricity generation capacity must be replaced to meet ‘net zero by 2050’ –  generators, transmission lines and a whopping $100bn bill for big batteries.

Rising interest rates are pushing up the capital cost of this replacement, as well as operating costs across the energy sector.

If this Government cannot get interest rates under control the outcome will be catastrophic for taxpayers and energy consumers.

There is a better way.

Even to the global warming believers One Nation’s plan can deliver cheap, stable baseload power without upsetting your sky god of warming.

All we have to do is

  • Stop closing coal power stations;
  • Build Collinsville power station and replace Liddell with modern Hele coal;
  • Transition Australia’s coal generators to modern HELE coal.

Transitioning to clean coal and ending government handouts for renewable fairy tale solar and wind power will dramatically reduce electricity bills.

It’s time to walk away from this net zero dumpster fire.

I call on the Senate to reject this bill and say no to soviet level powers that will inevitably backfire and cause an economic and social catastrophe.

One Nation has been right to oppose net zero madness for 25 years.

We will continue to be a voice of reason, bringing better solutions to this Parliament.

Solutions that will provide everyday Australians and the businesses they rely on with opportunity and prosperity for all.

We have one flag, we are one community, we are One Nation.

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