Senate debates

Wednesday, 29 March 2023

Bills

Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee

6:38 pm

Photo of Jenny McAllisterJenny McAllister (NSW, Australian Labor Party, Assistant Minister for Climate Change and Energy) Share this | Hansard source

Senator McDonald, I answered this question earlier in the debate. The number of projects associated with human induced regeneration is 371. There is no reason to believe—well, perhaps I'll start with what the commitment is here. We have committed to the Chubb review. The Chubb review's recommendation 8 makes a series of recommendations about how the human induced regeneration method should be interpreted by the CER when it's evaluating projects and evaluating credits to be assigned as a consequence of activities within projects. Our expectation is that the Clean Energy Regulator will adopt that and apply those recommendations as set out by Professor Chubb.

It is true that 371 is the maximum number of projects that may be implicated. But, in truth, we have no reason to think that these projects are not already in compliance, and we expect how this will be implemented is that when they go to the Clean Energy Regulator to seek their credits it would be at that point that the Clean Energy Regulator would seek to implement the recommendations around interpretation of the method suggested by Professor Chubb.

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