Following a meeting with former United States Vice-President Al Gore, the federal leader of the Palmer United Party and Member for Fairfax Clive Palmer says the party’s senators will vote against the abolition of the Clean Energy Finance Corporation (CEFC).
Mr Palmer said his meeting with Vice-President Gore had convinced him to reconsider important issues facing all Australians and the world including the CEFC.
“There is no reasoning behind the government closing a business if it is profitable and provides income and jobs for Australians,” Mr Palmer said.
“This is even truer if the business is devoting every opportunity to providing a better solution for the environment.
“Therefore the Palmer United Party senators have decided they will vote against the abolition of the CEFC.”
Mr Palmer said the CEFC is an integral factor when it comes to mobilising investment in renewable energy, low-emission technology and energy efficiency in Australia.
“The action by our senators to retain the CEFC will enable its investments to improve energy productivity and lower energy costs for businesses right across Australia,” he said.
“Retaining the CEFC will also help to further develop local industries and will also establish new employment opportunities for Australians.
“The CEFC is a great Australian success story – it is an example to the world and it should be promoted globally not axed.”