Clean Energy Bill 2011 and related bills

The majority voted in favour of a motion that: the bills ..., as amended, be agreed to

Passing this motion ended the discussion of the bills in detail. The next step is to vote on whether to read the bills a third time and therefore to pass them in the House of Representatives.(That vote is available here. )

The eighteen bills are a package to implement a carbon pricing mechanism,(Read more about the carbon pricing mechanism on the Clean Energy Regulator’s website.) which is a key policy of the Labor Government.

The eighteen bills are:

• Clean Energy Bill 2011
• Clean Energy (Consequential Amendments) Bill 2011
• Clean Energy (Income Tax Rates Amendments) Bill 2011
• Clean Energy (Household Assistance Amendments) Bill 2011
• Clean Energy (Tax Laws Amendments) Bill 2011
• Clean Energy (Fuel Tax Legislation Amendment) Bill 2011
• Clean Energy (Customs Tariff Amendment) Bill 2011
• Clean Energy (Excise Tariff Legislation Amendment) Bill 2011
• Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment Bill 2011
• Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment Bill 2011
• Clean Energy (Unit Shortfall Charge—General) Bill 2011
• Clean Energy (Unit Issue Charge—Auctions) Bill 2011
• Clean Energy (Unit Issue Charge—Fixed Charge) Bill 2011
• Clean Energy (International Unit Surrender Charge) Bill 2011
• Clean Energy (Charges—Customs) Bill 2011
• Clean Energy (Charges—Excise) Bill 2011
• Clean Energy Regulator Bill 2011
• Climate Change Authority Bill 2011

Background to the bills

The carbon pricing mechanism is set to begin on 1 July 2012. It is an emissions trading scheme that puts a price on carbon emissions. It will apply to “liable entities” (a group that includes companies that emit a high level of greenhouse gases). Initially the price of carbon will be fixed by the mechanism but from 1 July 2015 the price will be set by the market.

References