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

11:33 am

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

Correct, it will not change your view. That is the only point I am making. I would also refer the senator to page 38 onwards of the supplementary explanatory memorandum, which goes through more detail in relation to offsets. I will respond now to Senator Xenophon. He asked me about GGAS. I am advised that any project that meets eligibility requirements can be brought forward under the offset program and eligibility there refers to being counted towards Australia’s international obligations. Existing activities under GGAS will need to meet additionality requirements. We obviously cannot pre-empt the methodologies which need to be developed by the committee, which is being proposed in the legislation before the Senate, and decisions would obviously need to be made about individual projects by the regulatory authority. I should also note that part 10 of the bill on reforestation will allow GGAS forestry projects to transition into the CPRS.

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