Senate debates

Monday, 10 November 2008

Offshore Petroleum Amendment (Greenhouse Gas Storage) Bill 2008; Offshore Petroleum (Annual Fees) Amendment (Greenhouse Gas Storage) Bill 2008; Offshore Petroleum (Registration Fees) Amendment (Greenhouse Gas Storage) Bill 2008; Offshore Petroleum (Safety Levies) Amendment (Greenhouse Gas Storage) Bill 2008

In Committee

9:47 pm

Photo of David JohnstonDavid Johnston (WA, Liberal Party, Shadow Minister for Defence) Share this | Hansard source

This whole act has the environment as its fundamental objective. It is trite to say that the words ‘a serious situation exists in relation to an identified greenhouse gas storage formation specified in a greenhouse gas injection licence’ are not a matter for the environment. That is the fundamental issue that will cause the system to break down. It is what we do not want; it is about the environment. With the greatest of respect, this is not about something that is in the EPBC Act; this is about the integrity of the formation, and the environment flows from the breakdown of that. This is what the advisory committee has to look at. What we are seeking to do is establish a framework for the storage in a repository that has integrity.

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