Senate debates

Wednesday, 29 March 2023

Bills

Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee

7:24 pm

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

I think, Senator Brockman, I'd refer you to some of the advice I provided Senator Pocock. We are conscious that the development of a market for carbon and carbon sequestration presents an opportunity for landholders. You're quite right that landholders may choose to realise that in different ways, and you contemplate the possibility of sale as one of those options. I think the Chubb review gave some consideration to this, and recommended that the government continue to support individuals and communities in their engagement with that process. We're working through how to implement that. I made reference to a specific program that provides individual advice. I understand the broader question that I think you're alluding to. That is something that the government is alive to, but this bill is not a place where this is being pursued.

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