Senate debates Bills

Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee


Jenny McAllister

Jenny McAllister NSW, Australian Labor Party, Assistant Minister for Climate Change and Energy

5:30 pm

I think that question misunderstands the far more likely choice of a business that found itself in that scenario. A business that was unable to meet its baseline and was unable to secure ACCUs in the private market, under the cost containment measure would secure ACCUs from the government at that cost containment cap of $75.

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