Banter and general comments, page-13051

Hansard 03/08/2022

The Minister for Industry and Science.......

"The Australian Renewable Energy Agency, ARENA, reported in June that in five of Australia's industrial
regions—Pilbara and Kwinana in WA, Gladstone in Queensland and the Hunter and the Illawarra in New South
Wales—the transition to renewables and cuts to emissions could result in nearly 380,000 jobs. So as part of that
process we have planned to invest $100 million in a battery manufacturing precinct in regional Queensland, and our
national battery strategy will tap into the interest and enthusiasm across the nation to be involved in onshore battery
manufacture. If we get this right, we're advised we could create 34,000 jobs and generate $7.4 billion a year into the
economy by 2030 and that's before we even get to the 10,000 new energy apprenticeships we want to deliver.
We've missed opportunities in clean energy manufacture before and we determined that shouldn't be repeated.
Labor has plans to deliver a capacity for renewables manufacturing through our national reconstruction fund. We
have set aside a billion for value adding in resources that will ensure we transform the minerals we are extracting
into high-value products that the global economy will need in the future. Frankly, if we mine it here, we should
make it here. We have also earmarked $3 billion for renewable and low-emissions technology in our Powering
Australia sub fund in the NRF, targeting green steel, aluminium, clean energy component manufacturing,
developing a domestic hydrogen industry and much more."

"Frankly, if we mine it here we should make it here"

Cheers to holders