July 25, 2012

Victoria Loses Energy Investment And Jobs Under Baillieu

Regional and Rural Victoria has missed out on billions of investment dollars due to the Baillieu Government’s anti-renewable energy policy, Shadow Minister for Energy Lily D’Ambrosio said today.

Ms D’Ambrosio said Victoria’s renewable energy investment over the past year has gone backwards under Baillieu, while South Australia had won more than $5 billion worth of renewable energy major projects, mainly windfarm construction.

“Under Labor, Victoria was on track to be Australia’s leader in renewable energy investment”, she said.

“The Climate Commission’s report ‘The Critical Decade’ handed down this week is another sad reminder of the devastating impact of Ted Baillieu’s anti-renewable energy policy.

“Thanks to Ted Baillieu’s anti-investment, anti-jobs crusade, South Australia is now the leading state for commercial opportunities in renewable and low carbon intensity power projects with more than nine windfarm projects approved over the last financial year alone”.

Ms D’Ambrosio said Victoria had clearly lost out on billions of dollars of investment and thousands of construction jobs as a direct result of the Baillieu Government’s anti-renewable energy policy.

“We need a government that says Victoria is open for business, not a government that drives business and investment out of the State.

“In the midst of a jobs crisis Mr Baillieu is killing off windfarm and solar investment knowing these projects would create jobs.

“While South Australia is adding wind projects to their investment queues more Victorians are joining unemployment queues”.

Ms D’Ambrosio said the National Party should be supporting these valuable projects to create jobs and generate further investment in regional Victoria.

“The National Party has failed to stand up to its city-centric Premier and push for vital infrastructure investment to rural and regional Victoria to support jobs.

“Under Labor this State was set to benefit from more than $9 billion worth of renewable energy projects and investment, which would have meant thousands of jobs for Victoria’s regions.