RET pledge will be a 'job killer' for region: O'Dowd
FLYNN MP Ken O'Dowd has condemned Opposition Leader Bill Shorten's pledge to increase the renewable energy target to 50% by 2030 and reintroduce an emissions trading scheme (ETS) as a "job killer" for his region.
"The only thing this region is likely to gain from a Labor government is high unemployment caused by this job killing carbon tax they want to resurrect," Mr O'Dowd said.
"Bill needs to ask himself if he wants to be responsible for destroying the Central Queensland economy through useless wind turbines."
Statistics released by consultancy firm ACIL Allen calculated the capital cost of meeting Mr Shorten's proposed target through installing 11,000 additional wind farms could exceed $65 billion.
Mr O'Dowd has pointed to emissions-intensive trade-exposed industries (EITEI) in his electorate, including Boyne Smelters Limited (BSL) and Cement Australia, as businesses that will feel the heat of a Labor's planned target.
"The previous target, before we revised it, was costing BSL $25 million each year, and that was unsustainable," Mr O'Dowd said.
Both businesses receive a full exemption under the current target.
Mr O'Dowd says that Mr Shorten's announcement that he will take an Emissions Trading Scheme to the next election is evidence that Labor is unfit to hold government and will only hurt families.
"... it reinforces our government's position that we want to make life easier for households, and we have facts on our side."
Mr O'Dowd is referring to the Australian Competition and Consumer Commission's (ACCC's) final carbon tax monitoring report, which confirmed households are saving $550 on average per year since the carbon tax was abolished.