David Leyonhjelm (NSW, Liberal Democratic Party) Share this | Hansard source

The National Offshore Petroleum Safety and Environmental Management Authority, NOPSEMA, provides a model by which this might be achieved.

On the question of the method of environmental regulation, witnesses urged Commonwealth, state and territory governments to adopt a risk-based approach. The Minerals Council of Australia, for example, argued that the increasingly risk-averse approach of governments has resulted in unnecessary and lengthy environmental assessments, whose information requirements have no regard to materiality or level of risk.

The committee learnt that, in contrast with this norm—