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The Australian Energy Regulator (AER) has announced another electricity price hike – between 2.5% and 8.9%. For 20 years, we’ve been told wind and solar are the cheapest forms of energy, yet prices keep going up!

I questioned the AER about when Australians might see relief from these crushing power bills. Their response? No clear path to returning to the affordable prices we had just 5 years ago. Even more concerning – they recently added “emissions reduction” to the national electricity objectives alongside price, quality, safety, reliability and security of supply. When I asked for examples of projects that were approved because of this new emissions target that wouldn’t have been approved before – they couldn’t name a single one!

The truth is clear: We’ve gone from having the cheapest electricity in the world to being among the most expensive. These price increases aren’t accidents – they’re the direct result of failed green energy policies.

Australians deserve affordable, reliable power. Not expensive virtue signalling that drives up costs for families and businesses.

Transcript

Senator ROBERTS: Thank you all for being here today. The default market offer for electricity prices is going up yet again. You published a draft notice, I understand, contemplating rises between 2.5 per cent and 8.9 per cent. For 20 years, Australians have been told that wind and solar are the cheapest form of energy, yet electricity prices are going up again. Mr Oliver, are you seeing any kind of indications in the bill stack that show you will be able to actually cut the default market offer for electricity prices in the near future?  

Mr Oliver: There are a few different components, as you mentioned, in that stack that go to comprise the default market offer. It is ultimately, of course, only the benchmark offer that’s applicable to standing offer contracts. That’s less than 10 per cent of customers in most regions. Most pay less, of course, because they’re on market offer contracts, which typically sit under those default levels.  

Senator ROBERTS: It is representative, isn’t it?  

Mr Oliver: Not representative, no. I’d say it’s more of a safety net. So it’s more at the upper end of what most consumers would pay. For example, a customer might not have gone into the market, not shopped around for a market offer, and might be on a standing offer contract. As I say, that’s generally less than 10 per cent. But the vast majority of consumers pay less than the default market offer price. Indeed, the ACCC put out a report in December last year as part of their electricity price monitoring saying that roughly 80 per cent of consumers could pay even less than they are today if they continue to shop around.  

Senator ROBERTS: So do you see any signs of the default market price coming down?  

Mr Oliver: There are a few key components. The biggest variable is wholesale cost. Network costs are reasonably steady year on year. Retail costs have gone up, at least in our draft decision this year, but we’re still studying those. In terms of the wholesale cost component, we have seen over the last year some high-price events in the spot market, some volatility in the spot market. That is continuing to put upward pressure on the forward contract market, the prices that ultimately are responsible for setting a lot of the wholesale energy cost. They’re difficult to predict year on year. We don’t necessarily see them continuing to increase. If market conditions alleviate, that wholesale cost can potentially come down. We will, of course, look at those again more closely before we put out our final decision.  

Senator ROBERTS: My next question was going to be this, but I think you’ve answered it: in the data you’re seeing, is there any realistic hope that electricity prices can go back down to what they were five years ago under the current policy settings?  

Mr Oliver: Well, it’s a question of time. We don’t anticipate that kind of decline between now and the final decision. But there are obviously plans in place to continue the rollout of renewable generation and other forms of generation as well across the energy market, across the NEM, and, as we see more of that generation capacity coming into the system, that will alleviate pressure on wholesale costs. There’s work underway at the moment to look to orchestrate and utilise all of the consumer energy resources that we have in the system at the moment—20 gigawatts of rooftop solar, for example, which could be utilised more effectively to also bring down those wholesale costs as well. There are various ways. It’s a number of pieces that need to be looked at to do that. But yes, all of those trends will, over time, see the wholesale cost of energy come down.  

Senator ROBERTS: So those trends will help reduce the full bill stack?  

Mr Oliver: Yes.  

Senator ROBERTS: Emissions reduction was recently added to the national electricity objectives of price, quality, safety, reliability and security of supply. Can you provide an example of a project that went ahead after the emissions objective was added that would have been rejected under the previous objectives, or a project that was prioritised higher?  

Mr Oliver: I can’t think of one specific project that would meet that criterion. We would probably need to take that on notice to see if we could identify one. It is, as you described the objective quite correctly, one that has a number of different facets. So, whenever one is making a decision that requires the application of that objective, it’s about weight and deciding how various things are taken into account. What the amendment does is say quite explicitly that one of the things to be considered is emissions targets and objectives that are enshrined in policy and legislation, but that doesn’t necessarily point to a project which then gets up that might have otherwise failed. I can’t think of one now, but we might take that on notice as well, just to confirm that.  

Senator ROBERTS: So you had four factors: quality, safety, reliability and security of supply. You’ve had added now emissions reduction. So you can’t see any project that has been brought forward because of emissions reduction at the moment?  

Mr Oliver: I can’t think of one now. I’m glancing at my colleagues and they’re not nodding either, but we’d perhaps take that on notice just to see. It may well be that the answer would be that there’s no project that would meet that specific criterion. It affects other things of course, in terms of proposals for expenditure in a network proposal, for example. There might be a stronger case for investment in a particular area that might otherwise not have been as strong a case. But those are very complicated and multifaceted decisions where you’re looking at a lot of different things.  

Senator ROBERTS: How do you assess the relative weights of those now five criteria? 

Mr Oliver: We don’t do it in any specific quantitative sense. If, for example, it is an expenditure proposal, we would be looking at the driver behind the proposal, why the network, if it is a network project, says that they wish to undertake that expenditure, who they’ve consulted with, which of the objectives they’re trying to meet, and whether they’re doing it at the most efficient cost.  

Senator ROBERTS: Thank you 

During the last Senate Estimates, I questioned ARENA about their massive spending of taxpayer money. The numbers are staggering – they’ve now committed $2.15 billion in subsidies to supposedly “cheap” renewable projects.

Despite claims that solar is “the cheapest form of electricity generation in history,” Australians’ power bills tell a different story. The reality is they don’t account for all the extra costs of firming, storage, transmission lines and general unreliability. This is what happens when government agencies focus on pushing unreliable renewables instead of ensuring affordable power for Australian families.

We used to have some of the cheapest electricity in the world, but these massive subsidies and failed green energy policies are driving up costs for everyone.

The net zero fantasy is already hurting our regions, ruining small businesses, and driving up the cost of living across Australia. It’s time to ditch these wasteful subsidies and return to reliable, affordable power.

Transcript

Senator ROBERTS: Do you ever think about how much taxpayer money your agency has spent on net zero policies, only for power bills to continue to get more expensive? 

Mr Miller: Senator, that doesn’t occupy much of my time. We’re working on innovation to help lower the cost of the core technologies that go into lowering power bills in the long term. And, as you would appreciate, this innovation cycle takes a while. We’ve obviously seen the success of solar PV, which was maybe written off many years ago, but has come through as the lowest cost form of generation in history, as we’ve noted in past conversations. I’m very confident, actually, that wind technology, solar technology and battery technology, which is coming down the cost curve rapidly, combined at scale will actually reduce energy costs for Australians. 

Senator ROBERTS: Is your job to bring down power bills or give money to solar and wind energy? How much does the Australian Renewable Energy Agency currently administer in deployed capital in terms of loans or equity stakes? 

Mr Miller: The objects of ARENA, the agency, are set out in the act. They are to improve the competitiveness of renewable energy technologies, increase the supply of renewable technologies and support Australia’s decarbonisation emissions reduction objectives. You’d be aware that we’re a granting agency, so none of our funding is provided through debt and equity. It’s all through the provision of grants. In some circumstances, those grants are recoupable based on performance of the projects, and we make that decision on a case-by-case basis. 

Senator ROBERTS: Thank you. How much did ARENA issue in grants in the most recent year? 

Mr Miller: I can get you that in a minute or two. My colleague Mr Faris could probably find that number in the pack. When we think about the progress of our work in terms of project projects, we look at approval rates, which is the key milestone for ARENA when I, under my delegation, or our board, or the minister— 

Senator ROBERTS: Getting a project to approval stage. 

Mr Miller: When we provide an approval, we then, in most circumstances, are working through to a contract, which ultimately lands to be grant money flowing. But that can take months and years in some cases. But I think in the last financial year we provided approvals of $497 million, and I think in the year before it was $540 million. So, per our annual report: funds approved in 2023-24 total $445 million, and contracts written, which is a later stage, were $392.5 million in that financial year. 

Senator ROBERTS: So what did you call your key measurable indicator? 

Mr Miller: Approvals. Well, it’s one of many, but, yes, that’s an important one. 

Senator ROBERTS: What do you categorise as an approval? 

Mr Miller: An approval is a decision by the CEO, the board or the minister, with respect to their relative delegations, to provide funding to a particular project in that amount. 

Senator ROBERTS: Approve the funding? 

Mr Miller: Approve funding, yes. 

Senator ROBERTS: Do you know what your total budget allocation is over the forward estimates, the next four years? 

Mr Miller: That will be in the PBS, and we will get that number for you if we can. Otherwise, we’ll take it on notice and provide it. 

Senator ROBERTS: Is that located in one area? Are all the different components of the money located in one area? 

Mr Miller: It’s an aggregation of various programs and funding pools that we have been provided with by the government over time. Well, let me say governments because we were well supported by the coalition government a number of years ago, and have been even further supported by this government. But it relates to what we call our baseline funding, which is the money that is provided to ARENA where ARENA’s board, essentially, is the primary decision-maker on policy and programmatic objectives. And then, in addition, there are about a dozen programs that ARENA is running, with specific funding amounts, and with specific instructions through the policy instruments, and we’re managing all of that through the funding. But it all gets amalgamated, ultimately, into the forward estimates amounts. So I’d be very happy to read you the figures in the forward estimates for each year, revenue from government, if that would help you. The current year’s revenue from government is $425 million. The budget for next year is $709 million. The year after that, it is $735 million. Then we’re at $1.1 billion, and then we’re at $1.117 billion for the final year of the forward estimates. 

Senator ROBERTS: Thank you. That’s a lot of money. 

CHAIR: Last question, Senator Roberts. 

Senator ROBERTS: Ever since ARENA came on the scene—when was that?—you’ve been issuing grants and loans in solar and wind. Have people’s power bills actually got cheaper? 

Mr Miller: It’s not my jurisdiction to talk about power bills, but we came on the scene on 1 July 2012, and as I— 

Senator ROBERTS: In 2012? 

Mr Miller: Yes, 2012, and, as I mentioned before, we don’t do loans. We do grants. 

Senator ROBERTS: You don’t do loans—well, issuing grants then. So you’ve been spending billions of  

dollars, and power bills have gone up. 

Senator Ayres: Well, Senator, you should— 

Senator ROBERTS: I’m asking Mr Miller. You don’t need to— 

Senator Ayres: Yes, and I’m entitled to drop in from time to time. It’s one of the inconvenient bits of  

estimates for senators who ask questions. If you go and talk to your constituents in the main street of a country town somewhere in Queensland— 

Senator ROBERTS: Which is what I’ll do. 

Senator Ayres: Yeah, I know. We saw you beaming in. But if you talk to them and then listen to the answer that they give you—engage in a conversation—what you’ll find is that many of them have solar technology on their roofs, which substantially decreases their electricity costs. 

Senator ROBERTS: Well, I actually was talking to a shopkeeper yesterday, and she said— 

Senator Ayres: Fascinating as that is, I am just going to keep answering your question. 

Senator ROBERTS: power bills have gone up tremendously. 

Senator Ayres: That is technology that was invented in Australia. All of the IP in solar panels all around the world—it’s Australian, right? It’s something that we should be proud of as a country—invented here, substantially reducing costs for households, with some of them earning a quid because they are under residual agreements. 

Senator ROBERTS: Without your subsidies, without your energy relief, the costs would be higher than ever. 

CHAIR: Okay. And we are running out of time. 

Senator Ayres: They are substantially benefiting from that technology. Now, it’s different for different households. Our job as a government is to make sure that the lowest-cost technology is in the system, and also to make sure that more of those Australian inventions are commercialised here in Australia and manufactured in Australia, and Mr Miller and ARENA’s work is to make sure that more of that technology is commercialised in Australia, and they’re doing a very good job indeed. 

Senator ROBERTS: Your policies are driving up prices 

One Nation to protect forestry jobs in Queensland, as part of our policy to make Australia self-sufficient in timber and help address Labor’s national housing crisis.

Does it feel like inflation is going down to you?

The government claims it’s winning the battle, yet out in the real world everything is still getting more expensive and nothing is anywhere close to the price it was 5 years ago.

You’re not crazy – the government’s just trying to gaslight you and tell you things are better than they are heading into an election. Only One Nation would make the real changes to put more money back in your pocket.

Transcript

One Nation supports this matter of urgency. During 2024 alone the living cost index for wage and salary earners rose four per cent, down from a high of six per cent earlier in the year. The reduction has been caused, in large part, through electricity subsidies. The government is paying your bill for you! The underlying inflation rate is still there, ready to reappear after the next election, when the government stops paying those subsidies. 

Rising electricity prices for business are not being subsidised, increasing prices in supermarkets, retail, wholesale and manufacturing. The public see the price rises and don’t realise they are, in large part, the result of net zero measures, which One Nation will bring to an end, reducing power bills by 20 per cent immediately, and by much more over forward estimates. 

Alcohol and tobacco costs rose due to the five per cent excise indexation and a cash grab the government calls AWOTE, where the more workers earn, the more the government increases the excise. One Nation will freeze all excise increases for three years. Watch for further announcements on this subject. 

Insurance and financial services costs rose 13 per cent due to higher premiums for house, home contents and motor vehicle insurance. Insurance companies are becoming increasingly concentrated. Queensland’s Suncorp owns AAMI, GIO, Bingle and Shannons among others. Over the last five years Suncorp’s cash earnings rose from $59 to $108, and their share price rose from $9 to $17. One Nation will fund the ACCC, the Australian Competition and Consumer Commission, to ensure insurance companies are not ripping off consumers, including using fraudulent flood and bushfire maps to hike premiums. One Nation will remove the GST on insurance premiums. 

Finally, the fall in inflation coming from a small reduction in the petrol price is significant. It proves One Nation’s policy to cut fuel excise by 26c per litre, and our other measures, will reduce inflation to make room for an interest rate cut. One Nation means more money in your pocket.

The claim that solar and wind energy are cheaper because the wind and sun are free is not supoprted by the evidence. In reality, adding more solar and wind to the grid increases electricity costs. The reason is straightforward: while the wind and sun are free, the infrastructure—wind turbines, solar panels, backup batteries, 15,000 kilometers of extra transmission lines, and access roads—is very expensive to produce, transport, install, and maintain. 

Unlike modern coal or nuclear power plants that last 60 years, solar panels, wind turbines and backup batteries only last 15 years. The $1.9 trillion investment will only get us to 2050. After that, every 15 years, solar and wind infrastructure will need to be replaced at a cost of hundreds of billions more. This madness must end!

One Nation will abolish the federal department of climate change along with all related agencies and programs, including net zero measures and mandates. This will return $30 billion a year to the Treasury, contributing to One Nation’s pledge to reduce $80 billion plus in government spending in our first term. More importantly, it will put billions of dollars back into the pockets of Australians and businesses, making everything more affordable. That’s how we solve the cost-of-living crisis. 

It’s time to end the net zero scam. One Nation will make it happen.

Transcript

For the last 30 years Australia has been hostage to the supposedly green movement’s great climate fraud, designed to create an all-purpose excuse to do whatever the government wants—an excuse that’s reusable, recyclable and fungible, not only for the government’s benefit but for the benefit of their donors, stakeholders, bureaucrats and associated carpetbaggers, such as Bill Gates and BlackRock’s Larry Fink. We know who these people are from watching the meetings Prime Minister Albanese has and refuses to explain. Nothing says, ‘I’m doing dodgy deals behind the Australian people’s back,’ like refusing to publish detailed records of what was said and agreed in these meetings. This evening I’ll examine the green climate fraud and make a major One Nation policy announcement. 

Let’s start with the war on farming. The climate scam seeks to replace fresh, healthy, field-grown Australian produce from family farms with fake foods in near-urban intensive production facilities—synthetic meat-like products cultured in bioreactors in a process that mimics the way cancer cells grow, with just enough artificial nutrients added to pass as food. Fake meat from plants remains on life support, with 18 ingredients, now including cocoa, and they still can’t make people eat it. Billionaires can’t make money out of conventional farming; they can make money, they think, out of industrial food. Who owns vegetarian meat supplier Beyond Meat? Surprise, surprise: predatory global wealth funds BlackRock, Vanguard and State Street lead their share registry. 

Both the Massachusetts Institute of Technology and the University of California Davis have found the environmental footprint of these Frankenfoods is worse than that of naturally grown pasture raised beef. Bill Gates has declared cattle an existential threat because of their methane farts. Rubbish. Cattle have been on this earth for two million years. Leading methane producer India domesticated cattle 9,000 years ago, and nothing has changed. Another leading methane producer, the United States, had bison for 150,000 years. Three hundred years ago, there were 50 million bison, or buffalo. Now they’re gone, the USA’s 28 million cows are suddenly causing ‘fartageddon’. 

There’s no science to justify this nonsense. As the University of California Davis explains: 

After about 12 years, the methane— 

from cattle— 

is converted into carbon dioxide through hydroxyl oxidation. That carbon is the same carbon that was in the air prior to being consumed by an animal. It is recycled carbon. 

Cows don’t harm the environment. The methane cycle they perpetuate has been with us for two million years, at times in greater quantities than now. 

Plants are more powerful than scientists admit. A recent finding from the US government’s Oak Ridge National Laboratory found: 

Scientists Were Wrong: Plants Absorb 31% More CO2 Than Previously Thought. 

Climate scammers refuse to talk about the role of forests and crops, especially hemp, in sequestering carbon. Australia is already carbon neutral. Our forests and crops sequester much more carbon than Australia produces. So let’s stop chopping down trees for industrial wind and solar assess roads and transmission lines, and we can stay that way. 

The next lie is that global boiling will kill us. Fact check: it’s false. Between 1998 and 2023, global temperature variation osculated between minus 0.4 degrees and 0.6 degrees as carbon dioxide, CO2, levels in the air rose from 0.036 per cent to 0.042 per cent. Then the Tonga eruption occurred, and temperatures rose by 0.7 degrees centigrade more. I’ll share a link on this topic when I post this speech on my website. It includes some excellent gifs of the fraudulent data tampering and fake temperature stations that have concocted warming where none exists. Japanese data, which is not tampered with, shows no warming in the last 50 years. 

Next, carbon dioxide levels do not drive temperature. CO2 levels are a result of temperature changes. There has been a lot of obfuscation on this aspect of climate fraud. I urge anyone who actually believes nature’s trace gas can change the world’s temperatures to look more closely and more carefully. The seasonal variation in atmospheric CO2 correlates very well with the temperature, not with the human production of carbon dioxide. CO2 does not drive temperature. Temperature variation drives CO2 levels. It’s the reverse of what the UN is claiming. Global temperature itself is a product of atmospheric pressure, albedo, cloud cover and many other factors. 

The United Nations Intergovernmental Panel on Climate Change—the UN IPCCC—computer models downplay the factors, especially cyclical variation in solar radiation, which the UN assumes to be minor as compared to changes in CO2. Unvalidated UN IPCCC climate models replace the most powerful modes of heat transfer—conduction, convection, latent heat of evaporation and condensation—with just radiation. In other words, UN IPCCC climate models are rigged to blame CO2 because the real factors are minimised in the construction of these models. No wonder these fake models have already been proven comprehensively wrong. 

The next lie is that the Great Barrier Reef is dying. Great Barrier Reef coral cover was the highest on record in 2024. The reef is healthy, yet the scare stories continue. Every time the green scammers claim the Great Barrier Reef is losing coral to scare you, the phones start ringing in north Queensland with tourists cancelling their bookings. Tour operators and the communities they support suffer, staff lose their shifts and their livelihoods, and businesses close, all for a political lie, a fraud. The reef covers 344,000 square kilometres. That’s five times the area of Tasmania. There will always be an area on the reef where an unusually low tide on a hot day causes localised bleaching with still winds. That damage repairs naturally and quickly, as it has for 14,000 years. There will always be a flood dumping fresh water onto the reef and killing the saltwater coral polyps. It’s happening right now in Far North Queensland. So stay tuned for scare stories just about coral bleaching blamed on climate change when the cause will actually be these floods in time for the election. 

The next lie is that the sea levels are rising. Since the end of the mini ice age 200 hundred years ago, ocean levels have risen a tiny amount. In 1914, the mean sea level at Fort Denison in Sydney Harbour was 1.11 metres. In 2014, 100 years later, it was 1.12 metres—one centimetre, 10 millimetres. That is natural variation. 

The next lie is that the polar ice is melting. In Antarctica there will always be an area of unusual warming associated with underground volcanos and hot springs, of which the Earth has thousands. Pressure builds up and they let off heat. They melt the ice above, and then they go dormant again. In 2009, John Kerry predicted, ‘In five years scientists predict we will have the first ice-free arctic summer.’ It didn’t happen, along with the other failed scares. The arctic ice cap floats and moves with natural varying wind and ocean current directions. In fact, after 40 years of unprecedented man-made global boiling, there’s more Antarctic sea ice now than there was 40 years ago. 

It’s time to acquit carbon dioxide. The great climate scam is about submitting to the world’s predatory billionaires delivering up our agriculture, transport, energy, manufacturing and industrial base, food, and property rights in the name of saving the planet. In reality, it’s just greed—less for you and more for them—and it’s control. 

One Nation saw through this scam in 1996, and we’ve opposed the agenda ever since. We have opposed the $200 billion wasted so far on net zero measures. Bloomberg now puts the cost of completing Australia’s transition to net zero, including the electrification of cars, homes and appliances, at $1.9 trillion. That’s a terrifying figure. The few hundred billion dollars spent so far have added so much to our electricity costs that bills are doubling or tripling. The pain is only just starting. 

The lie that solar and wind are cheaper because the wind and sun are free is not supported with evidence. To the contrary—the more solar and wind are added to the grid, the dearer our electricity becomes. The reason is simple. While the wind and sun are free, wind turbines, solar panels, back-up batteries, 15,000 kilometres of extra transmission lines and access roads are very expensive to make, transport, install and maintain. While a modern coal or nuclear power plant lasts 60 years, solar panels, wind turbines and back-up batteries only last 15. The $1.9 trillion will only get us to 2050. After that, every 15 years, solar and wind will need to be replaced at a cost of hundreds of billions more. 

Enough of this madness, this fraud. If elected, One Nation will abolish the federal department of climate change, all their related agencies and programs, including all net zero measures and mandates. This will return $30 billion a year to the Treasury, forming part of One Nation’s pledge to reduce $80 billion in government spending in our first term. More importantly, it will return billions of dollars a year into the pockets of homeowners and businesses, making everything you buy cheaper and more affordable. That’s how to solve the cost-of-living crisis. It’s time to end the net zero scam. One Nation will end the net zero scam. 

The Clean Energy Regulator is a $115 million dollar agency dedicated to implementing the UN’s Net Zero plans on Australia. I pressed for transparency regarding executive salaries and the total cost to taxpayers, expressing surprise at the reluctance to readily provide this information.

I also challenged the effectiveness and necessity of the carbon market, describing it as a concocted market driven by regulations rather than genuine demand. It’s essentially a made up cost inflicted on Australia. These are the kind of agencies we could simply get rid of and Australian’s lives would get better.

Transcript

Senator ROBERTS: Thank you for appearing again today. A similar question to the others in the alphabet soup of climate change and energy agencies: as simply and specifically as possible, what does the Clean Energy Regulator do? Could you tell me the basic accountabilities and the uniqueness of those accountabilities?

Mr Binning: As I stated previously, we’re an economic regulator for the purpose of accelerating carbon abatement for Australia. We do this by administering a range of schemes on behalf of the Australian government.

Senator ROBERTS: Did you say you were an accelerator or a regulator?

Mr Binning: A regulator. We have two outcomes currently within our corporate objectives. The first is to contribute to a reduction in Australia’s net greenhouse gas emissions, including through the administration of market based mechanisms that incentivise reduction in emissions and the promotion of additional renewable electricity generation. The second is to contribute to the sustainable management of Australia’s biodiversity through the administration of market based mechanisms.

Senator ROBERTS: Is your uniqueness the latter?

Mr Binning: Our uniqueness is that we manage or administer the various government schemes, particularly where they involve the formation of a market.

Senator ROBERTS: The carbon dioxide market or carbon market?

Mr Binning: Yes, Senator.

Senator ROBERTS: How many employees do you have?

Mr Binning: We have around 400.

Senator ROBERTS: Could you tell me the breakdown of permanent and employees and contractors?

CHAIR: Are we going to the annual report again?

Senator ROBERTS: I don’t know. We’ll find out.

Mr Binning: A lot of that information will be contained in our annual report. Our chief operating officer will just come up. Perhaps if we move to the next question, then she can follow up.

Senator ROBERTS: What’s the total wage bill for all employees, including casuals and contractors?

Mr Binning: Ms Pegorer will be able to help you out with that detail.

Ms Pegorer: Can I just confirm your question was with regard to the number or the breakdown of our staff?

Senator ROBERTS: Permanent, casual and contractors, please.

Ms Pegorer: I don’t have that level of detail with me, unfortunately. I do have the number of contracting staff that we’ve had from January this year until October and the number of FTE, but I don’t have the number of casuals or non-ongoing.

Senator ROBERTS: Can we get them on notice, please?

Mr Binning: Yes.

Senator ROBERTS: What’s the total wage bill for all of those people: permanents, casuals and contractors?

Mr Binning: Again, we don’t carry that data in that form with us, so it’s best we take that on notice.

Senator ROBERTS: What’s the total budget for the Clean Energy Regulator, including any grants or programs you administer?

Mr Binning: Our departmental funding is around $115 million. Our administered revenue associated with the programs that we run is in the order of $37 million. However, I would just note for the record that where we have our greatest impact is actually in the issuance of certificates that then carry value in a marketplace, so both with renewable energy and with the Australian Carbon Credit Unit Scheme we issue certificates that are of material value and which are then financial instruments managed through our registries.

Senator ROBERTS: It’s fair to say, isn’t it, that this is not a market meeting people’s needs; this is a market to meet regulations and global regulations as well—concocted needs, if you like. I’m not diminishing your work.

Mr Binning: No, I probably wouldn’t quite characterise it in that way. We administer schemes that are made by government, so if you take, for example, the Australian Carbon Credit Unit Scheme acting in conjunction with the safeguard mechanism, it then forms both the supply and demand side. Safeguard mechanisms are required through the regulations to manage their emissions within their baseline or source unit certificates. Then the ACCU generates a supply of Australian carbon credit units, and they facilitate trade in order to meet their obligations.

Senator ROBERTS: There’s no open market as such. There’s no clamouring of citizens for carbon dioxide credits. They’re a concoction of Malcolm Turnbull and Greg Hunt in 2015, just before Christmas, and bolstered by Chris Bowen in September of 2022 with the extension of the safeguard mechanism.

Senator Ayres: I think you are asking the official for, at best, an opinion.

Senator ROBERTS: What’s your opinion?

Senator Ayres: The truth is that these schemes are administered by this agency in the best interests of keeping costs down for Australian electricity consumers and efficiently managing the process of reducing emissions across sectors, and it’s judged by successive governments that, to be in the interests of doing that in the most efficient way possible, that kind of capability is retained in the agency who’s in front of you today.

Senator ROBERTS: Let me understand that. We’ve got a scheme that’s been concocted that’ll add more cost to energy—

Senator Ayres: It wasn’t concocted.

Senator ROBERTS: Hang on. It’ll add more cost, and now we’ve got a market in place due to regulations to try to bring it down.

Senator Ayres: No, I don’t agree with that.

Senator ROBERTS: Last question, then. No-one can identify a fundamental need of people. There’s no market other than the concocted market, the fabricated market.

Mr Binning: The only thing I would note in addition to the requirement for people to comply with the various government regulatory structures is that there has over recent years been a reasonably strong emergence of a voluntary market both for Australian carbon credit units and for renewable energy certificates. On the Australian carbon credit side we see in the order of a million units surrendered per annum, and on the electricity side we see very significant surrenders of certificates in the order of 10 million over and above the 33 million that is the regulated target. A lot of what has driven that are the various objectives, particularly across corporate Australia, for voluntary emissions reduction and meeting their own targets and the desire to source credible renewable energy of high integrity to do that, so the market is both performing its regulatory functions and facilitating voluntary participation.

Senator ROBERTS: I notice peppered through your statement there—and I thank you for the statement—are the words ‘regulated’, ‘comply’ and ‘carbon credits’—I call them ‘carbon dioxide credits’. These are all to make the best of a concocted market that’s only there because of regulations. It’s only there because nowhere in the world, as I understand it, has carbon dioxide been designated a pollutant. I just make that point. Final question: what is the total salary package of everyone here at the desk, particularly executive level—what band?

Mr Binning: As I think other agencies have done, our executive remuneration is in our annual report.

Senator ROBERTS: Is that the complete cost including on-costs?

Mr Binning: That’s the salaries associated with those. If you are seeking other information related to our salaries, we will take it on notice and come back to you.

Senator ROBERTS: I want the total cost that the taxpayer pays for you, for example, not just what you get in the hand but everything as part of the package.

CHAIR: Again, I would suggest that you have a look at the annual report and, if it doesn’t give you sufficient detail, that you then place a question on notice for further detail from the officials.

Senator ROBERTS: Just one final question, building on the last one: why is there so much reluctance to share the salaries? Surely you would know what you cost.

Mr Binning: We report executive remuneration as part of our annual reporting cycle. That’s the data that I bring to these committee meetings. If there is other information that you’re seeking and it’s information that’s
generally publicly available, we would be delighted to supply it on notice.

Senator ROBERTS: But you would know your total costs to the taxpayers?

Senator Ayres: Senator Roberts, it’s a pretty unfair line of questioning. The official has said—

Senator ROBERTS: What’s unfair about it?

Senator Ayres: The official has said the remuneration details. It’s pretty unfair to characterise it as the official not answering your question, is what I mean.

Senator ROBERTS: I didn’t characterise it that way. You’re fabricating now, Senator Ayres.

Senator Ayres: What he has said is that information is now publicly available in their report, which you could have read on the way here. In addition to that, if there is more information that he can provide, he will provide it on notice.

Senator ROBERTS: Thank you.

Senator Ayres: You can’t ask for more than that.

Senator ROBERTS: No, and I made the observation that I’m surprised that people don’t know this or can’t readily divulge it. That’s all. Thank you, Chair.

Why are grocery prices still going up when we have better technology and more efficient farms than ever before?

The answer is that the cost of energy is making your grocery bills more expensive. Anthony Albanese and Peter Dutton are equally committed to making electricity more expensive and increasing the price of food.

One Nation is the only party that will end net-zero policies to return cheap power and cheaper groceries to Australians.

Transcript

Yesterday, Richard Forbes of Independent Food Distributors Australia told the Australian newspaper: 

As far as I am concerned, the government’s energy policy has and continues to increase the price of food. 

Employers supplying food to major supermarkets and thousands of cafes, restaurants and pubs around the country have launched a revolt against the government’s energy policies, urging more gas and coal-fired power to bring down electricity prices. 

The managing director of Western Australia’s largest independent food distributor said his company’s electricity bill had doubled in the past three years. This energy policy driving up food prices is called net zero. Prime Minister Anthony Albanese and opposition leader Peter Dutton are completely committed to the net zero policies that are driving up the price of your groceries. As part of that net zero policy, coal and gas generators are told to turn off completely whenever wind and solar decide to turn on, which is unpredictable. 

The problem is coal-fired power stations are what’s called base-load power; they’re designed to run constantly, not to flick on and off like they’re being forced to now. That abuse leads to higher maintenance costs and, in the worst case, power stations failing, blowing up. Even with this unsustainable switching-on-and-off situation, the coal burnt in a coal-fired power station costs just $21 a megawatt hour. This financial year, solar and wind capital South Australia’s average power price has been $200 a megawatt hour, a bit under 10 times higher than a coal station’s fuel costs. 

Instead of making coal stations flick on and off completely, run them continuously to provide base-load power, and electricity will instantly get cheaper and more reliable. Wind and solar can top up the rest—when they work—and households can keep using their own solar power—simple. Only One Nation will bring down power prices down and grocery bills to put more money in your pocket. 

Renewables are incredibly destructive to our environment and good, productive farmland.

This is a great documentary from Advance Australia covering how people pushing net-zero like the Greens party are doing huge harm to our environment and ability to feed ourselves.

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.

There’s only one party that can be trusted to put Australia first.

Don’t believe the pretenders in the Liberal-Nationals who want to let unelected foreign organisations tell us what to do under net-zero.