Senate debates
Monday, 7 November 2011
Bills
Clean Energy Bill 2011, Clean Energy (Consequential Amendments) Bill 2011, Clean Energy (Income Tax Rates Amendments) Bill 2011, Clean Energy (Household Assistance Amendments) Bill 2011, Clean Energy (Tax Laws Amendments) Bill 2011, Clean Energy (Fuel Tax Legislation Amendment) Bill 2011, Clean Energy (Customs Tariff Amendment) Bill 2011, Clean Energy (Excise Tariff Legislation Amendment) Bill 2011, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment Bill 2011, Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment Bill 2011, Clean Energy (Unit Shortfall Charge — General) Bill 2011, Clean Energy (Unit Issue Charge — Auctions) Bill 2011, Clean Energy (Unit Issue Charge — Fixed Charge) Bill 2011, Clean Energy (International Unit Surrender Charge) Bill 2011, Clean Energy (Charges — Customs) Bill 2011, Clean Energy (Charges — Excise) Bill 2011, Clean Energy Regulator Bill 2011, Climate Change Authority Bill 2011; In Committee
11:07 am
Nick Xenophon (SA, Independent) Share this | Hansard source
Minister, given the concerns expressed, will the government consider undertaking some modelling during this transition period as to what the potential price effects would be of having upfront payments rather than deferred payments? Wouldn't that be the prudent approach to take, given concerns that have been expressed, from a number of credible sources—from two state governments, from the Electricity Supply Association and from modelling done by ACIL Tasman? Would it not be reasonable to at least to consider that, as to whether then the minister needs to use regulation making powers to try and rectify any potential risks? In other words, given the concerns that have been raised, will there at least be some modelling done to deal with those concerns one way or the other?
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