Senate debates

Wednesday, 21 March 2007

Energy Efficiency Opportunities Amendment Bill 2006

In Committee

11:52 am

Photo of Lyn AllisonLyn Allison (Victoria, Australian Democrats) Share this | Hansard source

Amendment (6) requires assessment for energy efficiency opportunity activities of a payback of less than 10 years. I make the point that, in fact, a payback of four years would pick up the vast majority of energy efficiency opportunities, with the average being 2½ years. It is a very short time frame, so we do not need to go out 10 years in order to capture the vast majority.

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