Senate debates

Wednesday, 29 March 2023

Bills

Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee

5:21 pm

Photo of Jonathon DuniamJonathon Duniam (Tasmania, Liberal Party, Shadow Minister for Environment, Fisheries and Forestry) Share this | Hansard source

I know you will, Minister. I'll happily receive that when it comes through, because it is an important part of the consideration here. We operate as part of a global economy. We have global environmental obligations. I want to make sure what we do fits in and doesn't unfairly penalise us.

On that basis, as you look for a bit more of that information, I wonder if you might be able to enlighten the Senate as to how the $75 price cap was determined and what role DCCEEW had in setting that price, and—I think the answer might be yes to this—was there a direct consultation between Treasury and DCCEEW on the setting of the $75 carbon price? On that, we might look to explain the difference between the price outlined in the Powering Australia policy document and where the government has landed with what is proposed here.

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