Josh Wilson (Fremantle, Australian Labor Party, Assistant Minister for Climate Change and Energy) Share this | Link to this | Hansard source

I present a supplementary explanatory memorandum to the bill and an addendum to the explanatory memorandum to the bill. I ask leave of the House to move government amendments (1) and (2) together.

Leave granted.

I move government amendments (1) and (2) together:

(1) Clause 2, page 2 (at the end of the table), add:

(2) Schedule 1, page 9 (after line 32), at the end of the Schedule, add:

Part 5 — Double counting

Renewable Energy (Electricity) Act 2000

15 At the end of subsection 18(4)

Add:

; or (d) to the extent that:

(i) the electricity formed the basis of calculating an amount for the purposes of the Future Made in Australia (Guarantee of Origin) Act 2024 or a scheme prescribed by the regulations; and

(ii) a certificate (however described) has been created in respect of that amount.

16 After subsection 23A(1)

Insert:

(1AA) However, if a small generation unit is a registered renewable electricity facility (within the meaning of the Future Made in Australia (Guarantee of Origin) Act 2024) or a component of such a facility, certificates cannot be created in respect of the small generation unit after the first day on which a certificate is created under that Act in relation to the facility.

I'm pleased to introduce amendments to the Future Made in Australia (Guarantee of Origin Consequential Amendments and Transitional Provisions) Bill 2024. These amendments are important to clarify technical details of the GO scheme's operation. The government has also included an amendment to the consequential amendments bill to amend the Renewable Energy (Electricity) Act 2000. This amendment will prevent the creation of large-scale generation certificates, or LGCs, and small-scale technology certificates, or STCs, for renewable electricity that has already been certified under the GO scheme. This effectively prevents double-claiming of renewable electricity and is important to ensure the integrity of the GO and Renewable Energy Target, or RET, schemes. As a matter of common sense and scheme integrity, participants should not be able to certify the same electricity more than once.

Milton Dick (Speaker) Share this | Link to this | Hansard source

The question before the House is that the amendments be agreed to.

Milton Dick (Speaker) Share this | Link to this | Hansard source

The question before the House is that the bill, as amended, be agreed to.