Senate debates

Wednesday, 29 March 2023

Bills

Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee

5:19 pm

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

I've indicated to you that the department and Treasury jointly undertook analysis on the potential for onsite abatement and implications for the domestic carbon market. We have spoken at length about the fact that that analysis is cabinet-in-confidence. It is also price-sensitive information, because the Commonwealth is the largest purchaser of ACCUs. This is a matter that has been canvassed on many occasions.

In relation to trading partners and pricing, I don't know that I have pricing before me but it is the case that many of our trading partners are on a similar journey to us. I will see what I have before me.

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