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

As a general proposition, proponents are responsible for their actions. Under current regulatory arrangements for domestic projects, a proponent who is planning to dispose of CO2 in Australia requires multiple approvals, including under the sea dumping act, the Environment Protection and Biodiversity Conservation Act and the Offshore Petroleum and Greenhouse Gas Storage Act. To anticipate your next question, in relation to exports, as I've indicated in previous answers, any country that receives CO2 under arrangements for transboundary movements of CO2 will need to have an equivalent regulatory control in place that meets the requirements of the London protocol.

And any releases of carbon dioxide through the carbon transport, injection and storage phases must be accounted for under the United Nations Framework Convention on Climate Change international reporting framework and included in the national emissions inventories of the country in which they occur.