Senate debates

Tuesday, 23 June 2015

Bills

Renewable Energy (Electricity) Amendment Bill 2015; In Committee

8:01 pm

Photo of Janet RiceJanet Rice (Victoria, Australian Greens) Share this | Hansard source

Given that forestry operations in Tasmania ran at a $43 million loss last year and operations in East Gippsland ran at a $5 billion loss last year, the idea of selling off wood for energy at less than the cost of producing it is not unknown to our state forest agencies. So I think what you are telling me then is that the higher value test could indeed mean that you would have 10 per cent of the logs going off for sawn timber and 90 per cent of the logs going off to be burnt as biomass. Would you agree with that?

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