Media Releases

LABOR TO UNLOCK INVESTMENT IN FNQ

May 10, 2019

A Shorten Labor Government is committed to greater investment in renewables in Cairns and the region, unlocking business opportunities in renewable energy and jobs. 

Already 100 renewable energy businesses are providing more than 700 jobs in Far North Queensland. Under Labor’s pro-renewable agenda, this is set to grow. 

This election is a choice between Labor’s plan for increased investment in renewables, or bigger tax loopholes for the top end of town under the Liberals. 

There is overwhelming potential for renewable energy investment in Far North Queensland and a Shorten Labor Government will unlock this by making the Far North a Renewable Energy Zone (REZ). 

This commitment from Labor to make Far North Queensland a REZ will give investors the strongest possible signal that Far North Queensland is ready for more renewable energy investment. Renewable investment in the region will be supported by the necessary infrastructure investment - creating business opportunities and more jobs in the region.  

Establishing a REZ in Far North Queensland, will allow for increased investment in solar, wind and bio renewable energy, creating more jobs and bring power prices and pollution down. It will also create more energy independence for Far North Queensland, which currently relies on electricity from the south. 
  
This Liberal National Party remains divided when it comes to renewable energy and after years of chaos and dysfunction we need certainty and stability.  

In Queensland, this has been compounded by the outright denial of the former Campbell Newman State Liberal Government, now, under a State Labor Government, Queensland is experiencing a boom in renewable investment.  
  
The Far North has already seen substantial investment in renewable energy, including: 

  • Tableland Mill begasse plant. 
  • High Road Wind Farm.  

·         Mount Emerald Wind Farm.  

If we want to secure the future development of renewables in Far North Queensland and secure jobs, we need to invest now.  

Unlocking these investment opportunities to Far North Queensland will provide real economic benefits, lower power prices, more businesses and more jobs.  

It will mean the region will stand to benefit from Labor’s $5 billion Energy Security and Modernisation Fund. This is an integral part of Labor’s commitment to deliver 50 per cent renewable energy by 2030. 
  
Labor’s comprehensive Energy Plan will support the orderly transition to 50 per cent renewables by 2030, will deliver new transmission investment, and a just transition for affected communities and workers. 
  
After six years, the Liberals still can’t deliver a coherent energy policy, with the Australian Energy Market Commission recently again calling for “policy certainty integrating emissions reduction and energy policy.” 

Only Labor has a plan to invest in renewable energy, modernise the electricity system, and bring power prices and pollution down. 
  
The Liberals have nothing but a record of failure and baseless scare campaigns. 

After six years of Liberal cuts and chaos, our united Labor team is ready.   

If you want real action on climate change, not more chaos – vote Labor.

BE THE FIRST TO HEAR FROM MARK