House debates

Thursday, 26 November 2009

Carbon Pollution Reduction Scheme (CPRS Fuel Credits) Bill 2009 [No. 2]

Consideration of Senate Message

10:01 am

Photo of Greg CombetGreg Combet (Charlton, Australian Labor Party, Minister Assisting the Minister for Climate Change) Share this | Hansard source

I move:

That the requested amendments be made.

These amendments in relation to the Carbon Pollution Reduction Scheme (CPRS Fuel Credits) Bill 2009 [No. 2] provide that businesses undertaking forestry activities and businesses engaged in incidental forestry activities will now be eligible to receive CPRS fuel credits from 1 July 2011 until 30 June 2014. This will relieve forestry and incidental forestry activities from the fuel price impact of the CPRS and ensure consistent treatment with the agriculture and fisheries sectors. Under the amendments, carbon sequestration activities will not receive CPRS fuel credits, as they will benefit from eligibility to opt into the CPRS reforestation scheme.

Mr Speaker, I understand that there are no other speakers on this matter.

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