Senate debates
Wednesday, 29 March 2023
Bills
Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee
4:46 pm
Jenny McAllister (NSW, Australian Labor Party, Assistant Minister for Climate Change and Energy) Share this | Hansard source
I think this is a question of terminology but the agreement is to implement recommendation 8 of the Chubb review. That doesn't ask for a revision of the methodology; it provides guidance about how the method should be interpreted. I think you'll know that the recommendation goes through three points:
The method should be interpreted as requiring:
The process I've described will see those principles applied at the point in time that project proponents come to the Clean Energy Regulator seeking to have their credits allocated.
No comments