Senate debates

Wednesday, 16 July 2014

Bills

Clean Energy Legislation (Carbon Tax Repeal) Bill 2014, True-up Shortfall Levy (General) (Carbon Tax Repeal) Bill 2014, True-up Shortfall Levy (Excise) (Carbon Tax Repeal) Bill 2014, Customs Tariff Amendment (Carbon Tax Repeal) Bill 2014, Excise Tariff Amendment (Carbon Tax Repeal) Bill 2014, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Carbon Tax Repeal) Bill 2014, Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Carbon Tax Repeal) Bill 2014, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) (Transitional Provisions) Bill 2014; In Committee

11:41 am

Photo of Sam DastyariSam Dastyari (NSW, Australian Labor Party) Share this | Hansard source

No, I suspect it won't, though it depends on whether you actually answer them, Minister. With the legislation as it has now been drafted there is a requirement for power and energy producers to pass on cost savings at fear of penalty if they don't do so for the component that is related to the carbon. I appreciate what you said earlier that if someone is falsely claiming that such and such pricing is happening because of a carbon component and that is not the case then obviously there is an opportunity to prosecute them. I also note comments made earlier about natural competitive tensions. Minister, what pressures are there otherwise for the non-energy producing consumers—your grocery or clothes stores or whatever other business—to actually pass on the costs? What legislative requirements exist for anyone else to do it, aside from the energy producers and the big power companies?

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