Senate debates

Tuesday, 22 June 2021

Bills

Fuel Security Bill 2021, Fuel Security (Consequential and Transitional Provisions) Bill 2021; In Committee

7:09 pm

Photo of Zed SeseljaZed Seselja (ACT, Liberal Party, Minister for International Development and the Pacific) Share this | Hansard source

The government won't be supporting this amendment, as there are already a range of initiatives that focus on new and emerging technologies. The proposed amendments are beyond the scope and objects of the bill, which focuses on liquid fuel security. The government will continue to work closely with the refineries throughout the commitment period, to understand their ongoing pressures now and post-2027. There is already an agreed two-year review point built into the agreement with refineries. The bill and its legislative rules already consider matters beyond the initial 30 June 2027 period and provide a mechanism for refineries to extend their commitment and receive funding support until 30 June 2030.

The government is currently developing and consulting on a future fuels strategy that will set out the government's direction and actions to enable the private sector to commercially deploy low-emissions road transport technologies at scale. The government has a suite of additional policies to encourage the development of alternative energy sources, including the Future Fuels Strategy, the National Hydrogen Strategy, the Energy Security Board's post-2025 market design paper, Australia's long-term emissions reduction strategy and the Technology Investment Roadmap, which focuses on new and emerging low-emissions technologies.

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