Senate debates

Wednesday, 21 March 2007

Energy Efficiency Opportunities Amendment Bill 2006

In Committee

11:39 am

Photo of Richard ColbeckRichard Colbeck (Tasmania, Liberal Party, Parliamentary Secretary to the Minister for Finance and Administration) Share this | Hansard source

It is a fairly simple equation. We are getting access to 60 per cent of business energy usage by working with these 250 companies. You are getting much less return—perhaps only an additional 30 per cent—by taking it from 250 to 5,000 companies. It is a fairly simple equation that you are imposing a much more significant regulatory burden on industry for a much smaller gain.

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