Monique Ryan (Kooyong, Independent) Share this | Hansard source

My question is for the Minister for Climate Change and Energy. Under your safeguard mechanism, big emitters can buy as many offsets as they want. There is no ceiling to the offsets polluters can buy. The cost of those offsets will be less than 0.1 per cent of their profits, giving polluters no reason to cut their emissions. Will you concede that there is a flaw in your lack of ceilings?

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