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

I'll take the interjection because you refer to technology not taxes. This is, of course, not a tax. We propose to use the safeguard mechanism, and, if I just take it back to the comments made by Mr Hunt at the National Press Club, he said the safeguard mechanism, the mechanism he proposed to use for emissions reduction, will come into effect and it will generate approximately two million tonnes of emissions reduction by 2030. That was your government's plan, and it's not so different to the plan that's before us, is it? The original rules that were made in 2015—

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