Senate debates
Tuesday, 8 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
10:18 am
Nick Xenophon (SA, Independent) Share this | Hansard source
This scheme would be compatible. If you look at what is occurring in the United States, you will see that President Obama, in his February state of the union address, talked about having a clean energy standard, entirely compatible with what is being proposed here. This scheme was designed with that approach. This cannot be referred to simply as a baseline and credit scheme. The GGAS scheme designed by Frontier was such a scheme. But this has an absolute cap as well. I just wanted to correct that on the record and point out that those matters have been addressed in the context of these amendments. I am happy for a vote on these amendments to be held. There are a number of other amendments to be moved, and I am sure my colleagues will comment on those soon.
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