Jenny McAllister (NSW, Australian Labor Party, Assistant Minister for Climate Change and Energy) Share this | Hansard source

Thank you, Senator Waters. We will consult by mid-2023 on guidelines for how international best-practice values will be set and then consult on the setting of specific factors during the second half of 2023, with the aim of having best-practice values set by the end of 2023. The guidelines will apply to all values and we will work with stakeholders to ensure that we've prioritised necessary values. This will include considering the likely entry of new facilities across safeguard sectors to ensure all values are in place for the required 2023-24 compliance year.