Barnaby Joyce (Queensland, National Party) Share this | Hansard source

One of the major considerations in the preamble to this bill came from the Treasury department, which said what a huge cost this will be if we do not close the loophole—the production grant—because it was there to stimulate the biorenewable fuel industry, which it is doing. Seeing as we have the advisers sitting in the chamber, I ask: how did they make this decision if they do not actually know how much biodiesel is being produced?