Barnaby Joyce (Queensland, National Party) Share this | Hansard source

I understand it is a complicated issue, but it is very important because we are about to vote on one issue on the premise that it is going to cost too much. Yet no-one is able to determine what the cost is. In fact, no-one is able to even tell us the premise for working out how they came up with the cost. It sounds like this cost—the $1.5 billion—was just plucked out of thin air. Ten billion dollars is a better figure; we could have said that. But if we are to get rid of this so-called production grant so you cannot claim the rebate if you have got the production grant, and if we do it on the current amount of biodiesel that is being produced, has anybody got any idea what income is being forgone on that? What is going to be the saving because of that? Has anybody in the whole of Canberra got the foggiest about what amount of money we are talking about?