Senate debates

Thursday, 13 October 2011

Bills

Banking Amendment (Covered Bonds) Bill 2011; Second Reading

2:32 pm

Photo of Chris EvansChris Evans (WA, Australian Labor Party, Leader of the Government in the Senate) Share this | Hansard source

Again, I cannot give the senator the detail that he seeks. I can say that Defence is considering the potential implications of the introduction of a carbon price on its activities. Noting the widespread nature of goods purchased by Defence, it would be reasonable to forecast the impact on Defence to be broadly equivalent to that of the wider community, namely, about 0.7 per cent. While looking at the question and its implications, Defence is also aggressively looking to reduce its carbon emissions. It has committed to reducing emissions to the extent practical, particularly in non-operational and support activities. It supports the use of renewable energies through its purchase of green energy. As part of its electricity agreements, it currently purchases 10 per cent green energy. That is the information I can help the senator with. If there is more I can get for him I will provide that. (Time expired)

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