Senate debates

Thursday, 30 October 2014

Bills

Carbon Farming Initiative Amendment Bill 2014; In Committee

9:38 pm

Photo of Nick XenophonNick Xenophon (SA, Independent) Share this | Hansard source

Has the government done any modelling on the benefits of a strategic reserve? And, before the minister answers that: I will not be misrepresented in respect of my position. If the policy intent of this legislation is to maximise emissions reductions then having a small amount of emissions reductions—I suggested a maximum of 20 per cent of this fund—for international emissions reduction units would have seemed to be good economic and environmental sense. But has there been any modelling done in respect of this?

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