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

11:43 am

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

I do not know and I am not familiar with the details of the emissions intensity of that particular generator. We have laid out the policy principles around the allocation of this assistance. There will obviously be ongoing consultation with industry about the detail of that. Again I would say it is less a commercial-in-confidence issue than a market issue. I do not think it would be appropriate, in the context of a very substantial amount of funding, for me to be indicating an estimate of what particular market participants might receive from this assistance package. I think what is in the public interest is what is in the explanatory memorandum and in the package itself around the principles for the allocation of funding. How that translates to the factual circumstances of particular generators is a matter to be dealt with either between the regulator and those generators in relation to the free permits or the regulator and the department.

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