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Monday, 7 November 2011
Page: 8294

Senator WONG (South AustraliaMinister for Finance and Deregulation) (12:25): I think I read this out before. The government's Energy Security Fund is designed to reduce energy security risks. It provides assistance to the most emissions intensive generators in the country, wherever they may be. Assistance is targeted in this way because the modelling and expert advice suggests that this is the best way of reducing risk to energy security. The plan also contains other provisions to address residual risk to energy security.