Senate debates Bills
Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee
Jenny McAllister NSW, Australian Labor Party, Assistant Minister for Climate Change and Energy
7:11 pm
The safeguard mechanism makes an assessment about the likely emissions in the case of no intervention and seeks to apply our 43 per cent obligation to the covered entities. In establishing the baseline reduction requirements, the government gave consideration to expected increases in production, including the possibility of new entrants. That's not specific to particular kinds of facilities or particular kinds of activities. It's true across the board.
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