Senate debates
Wednesday, 29 March 2023
Bills
Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee
5:31 pm
Jonathon Duniam (Tasmania, Liberal Party, Shadow Minister for Environment, Fisheries and Forestry) Share this | Hansard source
I'm just trying to understand this. Obviously I agree with you that no businesses want to continue to be in the situation where they are exposed to such a liability, with the penalty being $275 per tonne per year. If they can't access ACCUs in the ordinary way, you're saying there is a facility available through the cost containment measure through the government's ACCUs—if I understand correctly—and on that basis no business will ever face the penalty. Is that right?
No comments