Senate debates Bills
Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee
Jonathon Duniam Tasmania, Liberal Party, Shadow Minister for Environment, Fisheries and Forestry
5:29 pm
If a facility exceeds its baseline and can't access ACCUs—and it certainly won't be in possession of SMCs—they then have to pay a penalty. Does the payment of that penalty extinguish any liability for being over the baseline in perpetuity or is it for that calendar year—or does it not do that at all and they remain in a position where they need to rectify this breach by meeting the baseline?
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