Senate debates

Wednesday, 25 November 2009

Carbon Pollution Reduction Scheme Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Consequential Amendments) Bill 2009 [No. 2]; Australian Climate Change Regulatory Authority Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — Customs) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — Excise) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — General) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (CPRS Fuel Credits) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (CPRS Fuel Credits) (Consequential Amendments) Bill 2009 [No. 2]; Excise Tariff Amendment (Carbon Pollution Reduction Scheme) Bill 2009 [No. 2]; Customs Tariff Amendment (Carbon Pollution Reduction Scheme) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme Amendment (Household Assistance) Bill 2009 [No. 2]

In Committee

10:54 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Climate Change and Water) Share this | Hansard source

First, these are obviously the subject of discussion in the negotiation. The OECD has put forward a range of parameters and ideas, from recollection. I know the European Union, in their proposal, also spoke of categories—I think those that you identified. These are matters still under discussion, and I do not think it would be correct to say that Australia has a rigid view about these issues. We think that ultimately this comes down to getting agreement around what people think is a reasonable way to approach this. I keep emphasising this: we have made no announcement, nor have we put forward any pledges to finance, and we have also said that we need to consider the very important role of private finance. One of the live issues in these discussions, as I have said in response to a question from Senator Boswell, is the mix of private and public funding. I would have to say that that is still a matter under discussion.

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