Footnotes

Chapter 1 - Introduction

[1]        Journals of the Senate, 2010–12, no. 89, 9 May 2012, p. 2407.

[2]        In the body of this report, the bills are referred to as the Legislation Amendment Bill, Customs Tariff Amendment Bill and Excise Tariff Legislation Amendment Bill respectively.

[3]        LPG can be produced through the processing of crude oil and natural gas or as a by‑product of the petroleum refining process.

[4]        Explanatory Memorandum, paragraph 6.2.

[5]        LPG Australia, Submission 1, p. 1.

[6]        Department of Resources, Energy and Tourism, 'Australian Liquefied Natural Gas'
www.ret.gov.au/resources/upstream_petroleum/australian_liquefied_natural_gas/pages/home.aspx (accessed 6 June 2012).

[7]        Explanatory Memorandum, paragraph 6.6.

[8]        Australian Taxation Office, 'Taxation of compressed natural gas' www.ato.gov.au/content/
00298983.htm (accessed 6 June 2012).

[9]        Explanatory Memorandum, paragraph 6.9.

[10]      A package of the following Acts: Clean Energy Act 2011; Clean Energy Regulator Act 2011; Climate Change Authority Act 2011; Clean Energy (Consequential Amendments) Act 2011; Clean Energy (Unit Shortfall Charge General) Act 2011; Clean Energy (Unit Issue Charge Auctions) Act 2011; Clean Energy (Unit Issue Charge Fixed Charge) Act 2011; Clean Energy (Charges Excise) Act 2011; Clean Energy (Charges Customs) Act 2011; Clean Energy (International Unit Surrender Charge) Act 2011; Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment Act 2011; Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment Act 2011; Clean Energy (Fuel Tax Legislation Amendment) Act 2011; Clean Energy (Excise Tariff Legislation Amendment) Act 2011; Clean Energy (Customs Tariff Amendment) Act 2011; Clean Energy (Household Assistance Amendment) Act 2011; Clean Energy (Tax Laws Amendments) Act 2011; and Clean Energy (Income Tax Rates Amendments) Act 2011.

[11]      Explanatory Memorandum, paragraph 2.4.

[12]      Mr John Neilson, Director – Government Relations, LPG Australia, Joint Select Committee on Australia's Clean Energy Future Hansard, 28 September 2011, p. 7.

[13]      Joint Select Committee on Australia's Clean Energy Future Legislation, Advisory Report on the Clean Energy Bills and the Steel Transformation Bill 2011, October 2011, recommendation 2, p. xviii.

[14]      The Hon. Greg Combet AM MP, House of Representatives Hansard, 11 October 2011, p. 11436.

[15]      See Australian Government, 2012–13 Budget: Budget Paper No. 2, May 2012, p. 13.

[16]      Explanatory Memorandum, paragraph 6.16.

[17]      Explanatory Memorandum, paragraphs 6.19–6.20.

[18]      Australian Government, 'The Opt-In Scheme', Clean Energy Future, www.cleanenergyfuture.gov.au/the-opt-in-scheme (accessed 5 June 2012).

[19]      Explanatory Memorandum, paragraphs 1.26–1.27.

[20]      Explanatory Memorandum, paragraph 4.5.

[21]      Explanatory Memorandum, paragraph 4.6.

[22]      The Clean Energy Finance Corporation Bill 2012 does not form part of the package of bills being examined by this inquiry.

Chapter 2 - Views on the bills

[1]        LPG Australia, Submission 1, pp. 2, 3. The proposed amendments in the Excise Tariff Legislation Amendment Bill and the Customs Tariff Amendment Bill will reinstate certain provisions repealed by the Clean Energy Legislation Package to provide that CNG will be exempt from excise and customs duty if the gas was compressed for use as a fuel for a motor vehicle that is designed merely to move goods with a forklift and is for use primarily off public roads, or was compressed at residential premises and in certain circumstances.

[2]        National Farmers' Federation, Submission 2, p. 1. Fuel tax credits are also available to fishing and forestry operations. Clean Energy Legislation Amendment Bill 2012, schedule 2, item 79 [proposed section 42A-5 of the Fuel Tax Act 2006].

[3]        Law Council of Australia, Submission 4, p. 1.

[4]        Explanatory Memorandum, paragraph 2.15.

[5]        Explanatory Memorandum, paragraph 2.11.

[6]        Wesfarmers Chemicals, Energy and Fertilisers, Submission 3, pp. 1–2.

[7]        LPG Australia, Submission 1, p. 2.

[8]        Explanatory Memorandum, paragraph 1.39.

[9]        Clean Energy Legislation Amendment Bill, schedule 1, item 4.

[10]      LPG Australia, Submission 1, p. 2.

[11]      Clean Energy Legislation Amendment Bill 2012, schedule 2, item 13.

[12]      LPG Australia, Submission 1, p. 3.

[13]      A preliminary emissions number is equal to the amount of greenhouse gas emissions in tonnes of CO2-e embodied in the amount of LPG or LNG imported or manufactured. The sum of a person's preliminary emissions number for the financial year gives that person's provision emissions number (PEN), which is used to work out an entity's total liability under the carbon pricing mechanism, and therefore the number of eligible emissions units the entity must surrender to avoid paying a unit shortfall charge. See Explanatory Memorandum, paragraphs 2.39–2.40.

[14]      Law Council of Australia, Submission 4, pp. 1–2.