Supplementary Order Paper No 95

No 95

House of Representatives

Supplementary Order Paper

Thursday, 19 November 2009

Climate Change Response (Moderated Emissions Trading) Amendment Bill


Proposed amendments

Charles Chauvel, in Committee, to move the following amendments:

Clause 61: New Section 222A:

To omit this clause (lines 7 to 19 on page 89).

Clause 61: New Section 222B:

To omit this clause (lines 20 to 31 on page 89).

Clause 61: New Section 222C:

Subclause (2): To omit $25 in subparagraph (2)(a)(ii) (line 25 on page 90) and substitute $100.

To omit $25 in subparagraph (2)(a)(iii)(B) (line 33 on page 90) and substitute $100.

To omit $25 in subparagraph (2)(b)(ii) (line 4 on page 91) and substitute $100.

Clause 61: New Section 222D:

To omit $25 in subsection (1) (line 18 on page 91) and substitute $100.

To omit $25 in paragraph (1)(a) (line 23 on page 91) and substitute $100.

To omit $25 in subsection (2) (line 32 on page 91) and substitute $100.

To omit $25 in subsection (3) (line 36 on page 91) and substitute $100.

To omit $25 in paragraph (3)(a) (line 5 on page 92) and substitute $100.

Clause 61: New Section 222F:

To omit 4 in paragraph (b) (line 14 on page 93) and substitute 2.

To omit paragraph (d) (lines 15 to 19 on page 93).


Explanatory note

This Supplementary Order Paper amends the Climate Change Response (Moderated Emissions Trading) Amendment Bill. These amendments are as follows:

Clause 61: New Sections 222A and 222B: Removes the 50% discount on emissions during the transitional period.

Clause 61: New Sections 222C and 222D: Increases the price cap during the transitional period from $25 to $100, making it a true safety valve rather than an everyday subsidy.

Clause 61: New Section 222F: Adjusts the scheme for allocation to industry in light of the amendments made to sections 222A and B above.