Senate debates

Thursday, 30 March 2023

Bills

Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee

9:31 am

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

As I've indicated, the government has consulted widely about the legislation before the parliament and also the proposed rules that might be made under the legislation. That's been an extremely lengthy and detailed process that's involved many stakeholders, both those covered by the safeguard mechanism and other stakeholders in the community. Our assessment is that it is unlikely that the circumstances that you're contemplating would arise. However, we are keen to ensure that there's clarity about what would happen under these circumstances, and the amendment before the chamber seeks to do that.

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