Senate debates

Monday, 10 November 2008

Offshore Petroleum Amendment (Greenhouse Gas Storage) Bill 2008; Offshore Petroleum (Annual Fees) Amendment (Greenhouse Gas Storage) Bill 2008; Offshore Petroleum (Registration Fees) Amendment (Greenhouse Gas Storage) Bill 2008; Offshore Petroleum (Safety Levies) Amendment (Greenhouse Gas Storage) Bill 2008

In Committee

9:24 pm

Photo of Christine MilneChristine Milne (Tasmania, Australian Greens) Share this | Hansard source

So, after 20 years, who is going to monitor the sites and who is going to pay for that monitoring to take place? And who is going to pay for the remediation and repair if and when leakage occurs? It is not just about the remediation and repair. Who is going to make good the financial cost, to offset the carbon dioxide going into the atmosphere, that will occur under our treaty obligations? I think it is more than reasonable to ask who is going to monitor after 20 years—or are we going to pretend that no monitoring is required after 20 years? Who will pay? Who is going to remediate and repair if there is a leak? Who is going to put up the money for the offsets under our treaty obligations in order to make good the carbon that is released to atmosphere?

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