Senate debates

Thursday, 30 March 2023

Bills

Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee

12:26 pm

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

McALLISTER (—) (): Thank you, Senator Duniam. It's a curious thing, isn't it, to be asked these questions by an opposition that, in government, proposed to use the safeguard mechanism for exactly the purpose that we propose to use it, which is to reduce emissions. At the National Press Club back in 2015, what did Greg Hunt say? He said, 'The safeguard mechanism will come into effect from 1 July next year, and it will generate approximately 200 million tonnes of emissions reduction by 2030.' It's interesting, isn't it? It's a very similar number to the number proposed under this reform.

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