Senate debates

Wednesday, 25 November 2009

Carbon Pollution Reduction Scheme Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Consequential Amendments) Bill 2009 [No. 2]; Australian Climate Change Regulatory Authority Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — Customs) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — Excise) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — General) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (CPRS Fuel Credits) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (CPRS Fuel Credits) (Consequential Amendments) Bill 2009 [No. 2]; Excise Tariff Amendment (Carbon Pollution Reduction Scheme) Bill 2009 [No. 2]; Customs Tariff Amendment (Carbon Pollution Reduction Scheme) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme Amendment (Household Assistance) Bill 2009 [No. 2]

In Committee

8:05 pm

Photo of Fiona NashFiona Nash (NSW, National Party) Share this | Hansard source

Thank you, Minister. I do indeed take a very keen interest in all the detail of this. Just because I do not have the same view as you does not mean I do not have an incredibly detailed level of interest in this particular piece of legislation. I do thank you, and we will look forward to getting some responses in terms of the detail. I would say it is probably rather concerning then for the agricultural industry to know that after a three-year period the process for any kind of review to determine whether or not there should be any further assistance is still being determined. I think that would lead to a great deal of nervousness for a lot of our farmers. Perhaps the minister might not be aware of the significant financial component that fuel does indeed make up for the costs that our farmers have on an ongoing basis in terms of running their farming businesses. Can I turn to the impact of the increase in electricity prices for the farming sector. What work has the government done to determine what impact, firstly, in general, those increases in electricity prices will have on the profitability of the farming sector?

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