Senate debates
Monday, 30 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
4:03 pm
Penny Wong (SA, Australian Labor Party, Minister for Climate Change and Water) Share this | Hansard source
I am not sure if we are at cross-purposes, Senator Xenophon. I think you are asking for a credit for early action. What we are saying is that, in relation to this issue, some of that is recognised by the transitional arrangements from GGAS to the CPRS, which I have outlined. I have also said to you that the fact that a project is already in existence and was subsidised under the GGAS does not of itself prevent that project from meeting an additionality requirement. But it would need to meet that additionality requirement. Again I say that that makes public policy sense; there is no point in providing a financial incentive for action that would have occurred anyway. It is a factual decision, based on what the Domestic Offsets Integrity Committee outlines, as to whether or not something would have occurred anyway.
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