Offshore Petroleum Amendment (Greenhouse Gas Storage) Bill 2008 [Provisions]; Offshore Petroleum (Annual Fees) Amendment (Greenhouse Gas Storage) Bill 2008 [Provisions]; Offshore Petroleum (Registration Fees) Amendment (Greenhouse Gas Storage) Bill 2008 [Provisions]; Offshore Petroleum (Safety Levies) Amendment (Greenhouse Gas Storage) Bill 2008 [Provisions]

Offshore Petroleum Amendment (Greenhouse Gas Storage) Bill 2008 [Provisions]; Offshore Petroleum (Annual Fees) Amendment (Greenhouse Gas Storage) Bill 2008 [Provisions]; Offshore Petroleum (Registration Fees) Amendment (Greenhouse Gas Storage) Bill 2008 [Provisions]; Offshore Petroleum (Safety Levies) Amendment (Greenhouse Gas Storage) Bill 2008 [Provisions]

23 September 2008

© Commonwealth of Australia 2008
ISBN 978-0-642-71983-6

View the report as a single document - (PDF 184KB)


View the report as separate downloadable parts:

Membership of Committee (PDF 10KB)
 
Chapter 1 - Background to the bill and conduct of the inquiry (PDF 32KB)

Purpose of the bill
Nationally consistent legislation
Submissions
Public hearings
Acknowledgement

 
Chapter 2 - Science and economics of offshore CO2 storage (PDF 57KB)

Viability of CCS technology
Possible environmental risks associated with CCS
Provisions contained within the bill for the long-term monitoring
Amounts of energy used for CCS
CCS versus alternatives
The economics of carbon capture and storage
Current public expenditure on CCS projects

 
Chapter 3 - Provisions for regulating the market (PDF 32KB)

Process of awarding acreage
Proposed administrative model—ministerial discretion
Designated authority—committee or panel of experts
Lease timeframes

 
Chapter 4 - Provisions for liability (PDF 30KB)
 
Chapter 5 - Conclusions and recommendations (PDF 16KB)
 
Additional comments by Coalition senators (PDF 7KB)
 
Additional comments by Greens senators (PDF 7KB)
 
Appendix 1 - Submissions Received (PDF 10KB)
 
Appendix 2 - Public Hearing and Witnesses (PDF 12KB)

 

For further information, contact:

Committee Secretary
Senate Standing Committees on Economics
PO Box 6100
Parliament House
Canberra ACT 2600
Australia

Phone: +61 2 6277 3540
Fax: +61 2 6277 5719
Email: economics.sen@aph.gov.au