House debates

Wednesday, 3 June 2009

Carbon Pollution Reduction Scheme Bill 2009; Carbon Pollution Reduction Scheme (Consequential Amendments) Bill 2009; Australian Climate Change Regulatory Authority Bill 2009; Carbon Pollution Reduction Scheme (Charges-Customs) Bill 2009; Carbon Pollution Reduction Scheme (Charges-Excise) Bill 2009; Carbon Pollution Reduction Scheme (Charges-General) Bill 2009; Carbon Pollution Reduction Scheme (CPRS Fuel Credits) Bill 2009; Carbon Pollution Reduction Scheme (CPRS Fuel Credits) (Consequential Amendments) Bill 2009; Excise Tariff Amendment (Carbon Pollution Reduction Scheme) Bill 2009; Customs Tariff Amendment (Carbon Pollution Reduction Scheme) Bill 2009; Carbon Pollution Reduction Scheme Amendment (Household Assistance) Bill 2009

Second Reading

Debate resumed from 2 June on motion by Mr Combet:

That this bill be now read a second time.

upon which Mr Turnbull moved by way of amendment:

That all words after “That” be omitted with a view to substituting the following words: —”the House defer consideration of the bill until the following have occurred:

(1)
the Copenhagen Climate Change Summit at the end of this year has concluded;
(2)
the Barack Obama administration in the United States has clarified its intentions in this area;
(3)
the Government has referred its Carbon Pollution Reduction Scheme (CPRS) to the Productivity Commission so that it may conduct a six-month review to:
(a)
assess the national, regional and industry sectoral impact of the CPRS in light of the global financial crisis;
(b)
assess the economic impact of the CPRS in light of other countries either not imposing a price on carbon comparable to that proposed for Australia or imposing such a price after different assumed periods of delay; and
(c)
conceptually and empirically examine the relative costs and benefits (including emissions reductions) of the key alternative scheme designs against the CPRS; and
(4)
the Productivity Commission’s reports on these topics have been publicly released.

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