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

4:04 pm

Photo of Nick XenophonNick Xenophon (SA, Independent) Share this | Hansard source

I am not sure we are entirely at cross-purposes. The minister makes the point that additionality is required under this scheme even though it is for existing projects—I have not misunderstood that. The point that has been put to me by the industry is that if they cannot comply with additionality then it would be easier for them to go offshore and sell their permits back to Australia. That is what has been put to me in unequivocal terms—it would be easier for them to close down—or not build new plants here—and go overseas to do the same thing there and get credit for it that way.

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