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
10:56 am
Alan Eggleston (WA, Liberal Party) Share this | Hansard source
I have another question about voluntary action. Given that this will be international trading, I wonder how voluntary action will be possible to verify the value of, say, an Indonesian rainforest purchased by somebody engaged in an emissions trading transaction. What safeguards will there be to protect the purchaser from duplicate trading and to verify the value of the asset purchased to trade off the Australian carbon emissions? Will there be an international register kept which persons interested in voluntary action may be able to access to verify the value of their trading? Is there an international dimension to this?
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