Senate debates
Monday, 7 November 2011
Bills
Clean Energy Bill 2011, Clean Energy (Consequential Amendments) Bill 2011, Clean Energy (Income Tax Rates Amendments) Bill 2011, Clean Energy (Household Assistance Amendments) Bill 2011, Clean Energy (Tax Laws Amendments) Bill 2011, Clean Energy (Fuel Tax Legislation Amendment) Bill 2011, Clean Energy (Customs Tariff Amendment) Bill 2011, Clean Energy (Excise Tariff Legislation Amendment) Bill 2011, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment Bill 2011, Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment Bill 2011, Clean Energy (Unit Shortfall Charge — General) Bill 2011, Clean Energy (Unit Issue Charge — Auctions) Bill 2011, Clean Energy (Unit Issue Charge — Fixed Charge) Bill 2011, Clean Energy (International Unit Surrender Charge) Bill 2011, Clean Energy (Charges — Customs) Bill 2011, Clean Energy (Charges — Excise) Bill 2011, Clean Energy Regulator Bill 2011, Climate Change Authority Bill 2011; In Committee
6:20 pm
Fiona Nash (NSW, National Party, Shadow Parliamentary Secretary for Regional Education) Share this | Hansard source
Could the minister perhaps give us some detail on the calculation, the process, that is going to be used? I understand the minister said that compensation will be ongoing. What I am very interested in, though, is that on a day-to-day basis we are not going to know what the price is going to be because it is going to fluctuate. As colleagues will know, this is going to become the product of paper pushers and traders. We are going to have a fluctuating price, so we will not know what it is going to be from day to day. I am interested in whether the minister could enlighten the Senate on the process of the calculation of the compensation that is going to be needed when on a daily basis we may well have a fluctuating price?
No comments