Footnotes

Chapter 2 - Government secrecy on Treasury Modelling Information preventing proper scrutiny

[1]        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, p. 43.

[2]        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, p. 45.

[3]        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, pp 45-46.

[4]        Institute of Public Affairs, Submission 14, p. 15.

[5]        Dr Alan Moran, Director, Deregulation Unit, Institute of Public Affairs, Proof Committee Hansard, 27 September 2011, p. 57.

[6]        Mr Greg Evans, Director, Economics and Industry Policy, Australian Chamber of Commerce and Industry, Proof Committee Hansard, 26 September 2011, pp 31-32.

[7]        Australian Coal Association, Submission 58, pp 4-5.

[8]        Australian Industry Greenhouse Network, Submission 33, p. 5.

[9]        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, p. 45.

[10]      Select Committee on the Scrutiny of New Taxes, Interim Report – The Carbon Tax: Economic pain for no environmental gain, October 2011, pp 6-28.

[11]      Select Committee on the Scrutiny of New Taxes, Interim Report – The Carbon Tax: Economic pain for no environmental gain, October 2011, p. 38. 

[12]      Dr David Gruen, Executive Director, Macroeconomic Group-Domestic, Department of the Treasury, Proof Committee Hansard, 26 September 2011, p. 5.

[13]      Ms Meghan Quinn, General Manager Macroeconomic Modelling Division, Department of the Treasury, Committee Hansard, 10 August 2011, p. 30.

[14]      Letter from Senator Mathias Cormann, Chairman, Select Committee on the Scrutiny of New Taxes to the Hon. Wayne Swan MP, Deputy Premier and Treasurer, 22 August 2011.

[15]      Letter from the Hon. Wayne Swan MP, Deputy Premier and Treasurer, to Senator Mathias Cormann, Chairman, Select Committee on the Scrutiny of New Taxes, 5 September 2011.

[16]      Senator Ron Boswell, participating member of the Senate Select Committee on the Scrutiny of New Taxes and Dr David Gruen, Executive Director, Macroeconomic Group, Department of  the Treasury, Committee Hansard, 10 August 2011, p. 30.

[17]      Select Committee on the Scrutiny of New Taxes, Interim Report – The Carbon Tax: Economic pain for no environmental gain, October 2011, p. 224. 

[18]      Letter from Senator Mathias Cormann, Chairman, Select Committee on the Scrutiny of New Taxes to the Department of the Treasury, 26 September 2011.

[19]      Letter from Dr David Gruen, the Department of the Treasury, to Senator Mathias Cormann, Chairman, Select Committee on the Scrutiny of New Taxes, 5 September 2011.

[20]      Senate Hansard, 12 October 2011, p. 47.

[21]      Senate Hansard, 13 October 2011, pp 45-46.

[22]      Senator Matthias Cormann, Member, Rural Affairs and Transport – Legislation Committee, Mr Phillip Glyde, Deputy Secretary and Executive Director ABARES and Dr Terry Sheales, Acting Deputy Executive Director, Proof Estimates Hansard, 17 October 2011, pp 45-48.

[23]      Senate Economics Legislation Committee, Proof Estimates Hansard, 20 October 2011, pp 30-31 and p. 34.

[24]      Senator Matthias Cormann, Member, Economics Legislation Committee, and Ms Meghan Quinn, General Manager, Macroeconomic Modelling Division, Department of the Treasury, Senate Economics Legislation Committee, Proof Estimates Hansard, 20 October 2011, p. 33.

[25]      Senator Matthias Cormann, Member, Economics Legislation Committee, and Mr Paul Gretton, Assistant Commissioner, Productivity Commission, Senate Economics Legislation Committee, Proof Estimates Hansard, 20 October 2011, p. 55.

[26]      Senator Matthias Cormann and Mr Paul Gretton, Senate Economics Legislation Committee, Proof Estimates Hansard, 20 October 2011, pp 56-57.

[27]      The Hon. Julia Gillard MP, Prime Minister, House of Parliament Hansard, 13 September 2011, p. 9845.

[28]      The Hon. Julia Gillard MP, Prime Minister, House of Parliament Hansard, 13 September 2011, p. 9850.

[29]      The Department of the Treasury, Strong growth, low pollution: Modelling a carbon price - Overview, 2011, p. 1.

[30]      The Department of the Treasury, Strong growth, low pollution: Modelling a carbon price - Overview, 2011, p. 6.

[31]      The Department of the Treasury, Strong growth, low pollution: Modelling a carbon price (Update) - Overview, 2011, p. 5.

[32]      The Department of the Treasury, Strong growth, low pollution: Modelling a carbon price (Update) - Overview, 2011, p. 5.

[33]      Source: The Department of the Treasury, Strong growth, low pollution: Modelling a carbon price (Update) - Overview, 2011, p. 5.

[34]      Ms Meghan Quinn, General Manager Macroeconomic Modelling Division, the Treasury, Committee Hansard, 10 August 2011, p. 17.

[35]      Senate Select Committee on New Taxes, Interim Report – The Carbon Tax: Economic pain for no environmental gain, 2011, pp 241-243.

[36]      The Department of the Treasury, Strong Growth, Low Pollution: Modelling a carbon price, Chart 5.13, http://www.treasury.gov.au/carbonpricemodelling/content/chart_table_data/chapter5.asp (accessed 28 October 2011)

[37]      Prof. Henry Ergas, Committee Hansard, 10 August 2011, p. 68.

[38]      David Wroe, 'Coalition MPs put higher cost on carbon', Sydney Morning Herald, 8 October 2011, p. 4, http://www.smh.com.au/environment/climate-change/coalition-mps-put-higher-cost-on-carbon-20111007-1ldm9.html (accessed 21 October 2011).

Chapter 3 - The international trading of carbon emission permits

[1]        Clean Energy Bill 2011, Explanatory Memorandum, p. 123.

[2]        Department of the Treasury, 21 September 2011, Strong Growth, Low Pollution: Modelling a Carbon Price - Update, p. 6, http://www.treasury.gov.au/carbonpricemodelling/content/update/downloads/Modelling_update.pdf, (accessed 26 October 2011).

[3]        Clean Energy Bill 2011, Explanatory Memorandum, pp 36-37.

[4]        Mr Blair Comley, Secretary, Department of Climate Change and Energy Efficiency. Joint Select Committee on Australia's Clean Energy Future Legislation, Committee Hansard, 21 September 2011, p. 3.

[5]        United Nations Framework Convention on Climate Change, 2006, Report of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol on its first session, held at Montreal from 28 November to 10 December 2005, p.7, http://cdm.unfccc.int/Reference/COPMOP/08a01.pdf#page=6, (accessed 20 October 2011).

[6]        Neuhoff, K. 2011. Climate Policy after Copenhagen: The Role of Carbon Pricing. Cambridge University Press, New York, p. 1.

[7]        World Bank, June 2011, State and Trends of the Carbon Market, pp 47-48.

[8]        World Bank, June 2011, State and Trends of the Carbon Market, p. 9.

[9]        Energy Supply Association of Australia, Supplementary Submission 60a, p. 13.

[10]      Chicago Climate Exchange, 30 June 2011, Fact Sheet: Operating leading environmental markets globally, https://www.theice.com/publicdocs/ccx/CCX_Fact_Sheet.pdf, (accessed 18 October 2011).

[11]      World Bank, June 2011, State and Trends of the Carbon Market, p. 74.

[12]      The New York Times, 'Chicago Climate Exchange Closes Nation's First Cap-And-Trade System but Keeps Eye to the Future', 3 January 2011, http://www.nytimes.com/cwire/2011/01/03/03climatewire-chicago-climate-exchange-closes-but-keeps-ey-78598.html?pagewanted=all, (accessed 18 October 2011).

[13]      The Financial Times, 'End of US carbon trading looms', 1 November 2010, http://www.ft.com/intl/cms/s/0/3fe91576-e5de-11df-af15-00144feabdc0.html, (accessed 18 October 2011).

[14]      National Institute of Economic and Industry Research, Submission 3 (attachment 1), p. ii.

[15]      World Bank, June 2011, State and Trends of the Carbon Market, p. 17.

[16]      World Bank, June 2011, State and Trends of the Carbon Market, p. 47.

[17]      House of Commons Environmental Audit Committee, Seventh Report on Carbon Budgets, 11 October 2011, http://www.publications.parliament.uk/pa/cm201012/cmselect/cmenvaud/1080/108005.htm#a5, (accessed 13 October 2011).

[18]      UK Parliament's House of Commons Energy and Climate Change Select Committee, written evidence received from the UK Government's Department of Climate Change, document 1, http://www.publications.parliament.uk/pa/cm201012/cmselect/cmenergy/writev/1476/contents.htm, (accessed 28 October 2011).

[19]      World Bank, June 2011, State and Trends of the Carbon Market, p. 9.

[20]      World Resources Institute, 2011, Climate Analysis Indicators Tool, Version 8.0, http://cait.wri.org/cait.php?page=compcoun, (accessed 25 October 2011).

[21]      International Energy Agency, 2011, CO2 Emissions from Fuel Combustion, Highlights (2011 Edition), p. 12, http://www.iea.org/co2highlights/co2highlights.pdf, (accessed 20 October 2011).

[22]      The Institute of Chartered Accountants in Australia, Submission 32, p. 2.

[23]      World Bank, June 2011, State and Trends of the Carbon Market, p. 9.

[24]      World Bank, June 2011, State and Trends of the Carbon Market, p. 9.

[25]      Exigency Management, Submission 37, p. 1.

[26]      World Bank, June 2011, State and Trends of the Carbon Market, p. 25.

[27]      European Commission, 18 November 2010, Communication from the Commission to the European Parliament and the Council: Towards an enhanced market oversight framework for the EU Emissions Trading Scheme, http://ec.europa.eu/clima/news/docs/communication_en.pdf, (accessed 18 October 2011).

[28]      Reuters, 29 June 2010, 'Bulgaria suspended from U.N. Kyoto carbon trade', http://www.reuters.com/article/2010/06/29/us-bulgaria-co2-suspension-idUSTRE65S3RU20100629, (accessed 26 October 2011).

[29]      UNFCCC, Compliance Committee of the Kyoto Protocol, 29 June 2010. Informal information note by the secretariat – The compliance procedure with respect to Bulgaria, http://unfccc.int/files/kyoto_protocol/compliance/questions_of_implementation/application/pdf/update_to_informal_information_note_bgr_after_final_decision_20100629.pdf, (accessed 26 October 2011).

[30]      UK Parliament, Report of the Joint Committee on the Draft Climate Change Bill, Volume 1, 3 August 2007, p. 32, http://www.publications.parliament.uk/pa/jt200607/jtselect/jtclimate/170/170i.pdf, (accessed 14 October 2011).

[31]      UK Parliament, Report of the Joint Committee on the Draft Climate Change Bill, Volume 1, 3 August 2007, p. 32, http://www.publications.parliament.uk/pa/jt200607/jtselect/jtclimate/170/170i.pdf, (accessed 14 October 2011).

[32]      Exigency Management, Supplementary Submission 37a, p.3.

[33]      Centre for Energy and Environmental Markets, Submission 27, p. 6.

[34]      UK Parliament, House of Commons Environmental Audit Committee, Seventh Report on Carbon Budgets, 11 October 2011, http://www.publications.parliament.uk/pa/cm201012/cmselect/cmenvaud/1080/1080.pdf, (accessed 13 October 2011).

[35]      UK Parliament, Report of the Joint Committee on the Draft Climate Change Bill, Volume 1, 3 August 2007, p. 32, http://www.publications.parliament.uk/pa/jt200607/jtselect/jtclimate/170/170i.pdf, (accessed 14 October 2011).

[36]      UK Parliament, Report of the Joint Committee on the Draft Climate Change Bill, Volume 1, 3 August 2007, pp 32–33, http://www.publications.parliament.uk/pa/jt200607/jtselect/jtclimate/170/170i.pdf, (accessed 14 October 2011).

[37]      UK Parliament, House of Commons Environmental Audit Committee, Seventh Report on Carbon Budgets, 11 October 2011, http://www.publications.parliament.uk/pa/cm201012/cmselect/cmenvaud/1080/1080.pdf , (accessed 13 October 2011).

[38]      Productivity Commission, Carbon Emission Policies in Key Economies, May 2011, p. xvii.

[39]      The Minerals Council of Australia, Submission 57, p. 19.

[40]      Association of Mining and Exploration Companies, Supplementary submission 20, p. 12.

[41]      Australian Government, 2011, Department of Climate Change Fact Sheet: Australia: Part of the Climate Problem – Part of the Solution, p. 1, http://climatechange.gov.au/en/government/international/global-action-facts-and-fiction/australia-problem-solution.aspx, (accessed 26 October 2011).

[42]      The Minerals Council of Australia, Submission 57, p. 19.

[43]      Senator Mathias Cormann, Chair, Senate Select Committee on New Taxes, Committee Hansard, 10 August 2011, p. 43.

[44]      Western Climate Initiative website, WCI Partners and Observers, http://www.westernclimateinitiative.org/wci-partners-and-observers-map, (accessed 25 October 2011).

[45]      Productivity Commission, Carbon Emission Policies in Key Economies, May 2011, p. 20.

[46]      World Bank, June 2011, State and Trends of the Carbon Market, p. 32.

[47]      Regional Greenhouse Gas Initiative website, Program Overview, http://www.rggi.org/design/overview, (accessed 25 October 2011).

[48]      Regional Greenhouse Gas Initiative website, Program Contacts by State, http://www.rggi.org/Program_Contacts_By_State, (accessed 25 October 2011).

[49]      Point Carbon, 9 September 2011. RGGI auction clears at $1.89 amid low turnout, http://www.pointcarbon.com/news/1.1581766, (accessed 25 October 2011).

[50]      World Bank, June 2011, State and Trends of the Carbon Market, p. 33.

[51]      The New York Times, 26 May 2011, 'Christie Pulls New Jersey From 10-State Climate Initiative', http://www.nytimes.com/2011/05/27/nyregion/christie-pulls-nj-from-greenhouse-gas-coalition.html?_r=2&ref=nyregion, (accessed 25 October 2011).

[52]      World Bank, June 2011, State and Trends of the Carbon Market, p. 33.

[53]      The Pew Centre for Global Climate Change website, Midwest Greenhouse Gas Reduction Accord, http://www.pewclimate.org/what_s_being_done/in_the_states/mggra, (accessed 26 October 2011).

[54]      Point Carbon, 25 February 2011, Midwest US ditches carbon market, focuses on jobs, http://www.pointcarbon.com/pages/shop/1.1510367, (accessed 26 October 2011).

[55]      World Bank, June 2011, State and Trends of the Carbon Market, p. 32.

[56]      United Nations Framework Convention on Climate Change, 2011, http://cdm.unfccc.int/methodologies/index.html, (accessed 20 October 2011).

[57]      World Bank, June 2011, State and Trends of the Carbon Market, p. 17.

[58]      Neuhoff, K. 2011. Climate Policy after Copenhagen: The Role of Carbon Pricing. Cambridge University Press, New York, p. 64.

[59]      World Bank, June 2011, State and Trends of the Carbon Market, pp 13-14.

[60]      National Institute of Economic and Industry Research, Submission 3, p. 72.

[61]      World Bank, June 2011, State and Trends of the Carbon Market, pp 50-51.

[62]      National Institute of Economic and Industry Research, Submission 3, pp 71-72.

[63]      National Institute of Economic and Industry Research, Submission 3, p. 71.

[64]      Professor Warwick McKibbin, Supplementary Submission 25a, Attachment 5, p. 11.

[65]      National Institute of Economic and Industry Research, Submission 3, p. 72.

[66]      Historical exchange rates have been sourced from the exchange rate data of the Reserve Bank of Australia, available online: http://www.rba.gov.au/statistics/hist-exchange-rates/

[67]      World Bank, June 2011, State and Trends of the Carbon Market, p. 41.

[68]      World Bank, June 2011, State and Trends of the Carbon Market, p. 41.

[69]      Bloomberg News, 2 December 2010, 'EU Carbon Dioxide Emissions Permits Stolen From Romanian Unit of Holcim', http://www.bloomberg.com/news/2010-12-01/romania-s-holcim-says-eu-carbon-permits-stolen-from-its-account.html, (accessed 18 October 2011).

[70]      Point Carbon, 24 May 2011. Table: 72 per cent of suspect EUAs surrendered belonged to Holcim, http://www.pointcarbon.com/news/1.1542379?date=20110524&sdtc=1, (accessed 18 October 2011).

[71]      Point Carbon, 19 May 2011. Update: More blacklisted EUAs surrendered, http://www.pointcarbon.com/news/1.1538851?date=20110519&sdtc=1, (accessed 19 October 2011).

[72]      World Bank, June 2011, State and Trends of the Carbon Market, p. 41.

[73]      BBC News, 3 February 2010. Phishing attack nets 3 million Euros of carbon permits, http://news.bbc.co.uk/2/hi/8497129.stm,  (accessed 18 October 2011).

[74]      European Union, 4 February 2010. Press release 'Emissions trading: Commission takes action over cyber attacks on EU ETS account holders', http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/125, (accessed 18 October 2011).

[75]      The Guardian Newspaper, 14 December 2009, 'European taxpayers lose €5bn in carbon trading fraud', http://www.guardian.co.uk/business/2009/dec/14/eu-carbon-trading-fraud, (accessed 18 October 2011).

[76]      The Guardian Newspaper, 3 December 2009, 'Copenhagen summit: Denmark rushes in laws to stop carbon trading scam', http://www.guardian.co.uk/environment/2009/dec/03/copenhagen-summit-carbon-trading-scam, (accessed 18 October 2011).

[77]      Reuters, 8 June 2009, 'France makes CO2 credits VAT-exempt to avoid scam', http://www.reuters.com/article/2009/06/08/us-carbon-bluenext-idUSTRE55726W20090608, (accessed 18 October 2011).

[78]      Le Figaro Newspaper, 11 December 2009, 'Marché de C02: les fraudeurs à la TVA mis en examen', http://recherche.lefigaro.fr/recherche/access/lefigaro_fr.php?archive=BszTm8dCk78atGCYonbyzsFQE4Y6PyMx8DJbgWM7ihowFb2ntzQXTCAYoeV4gUrYu2IGtjAq08M per cent3D, (accessed 19 October 2011).

[79]      The Guardian Newspaper, 29 September 2011. Brussels targets carbon trading fraud ahead of Copenhagen summit. Available online: http://www.guardian.co.uk/business/2009/sep/29/carbon-trading-carousel-fraud-eu, (accessed 18 October 2011).

[80]      Europol, 28 December 2010, Press release 'Further investigations into VAT fraud linked to the carbon emissions trading system', https://www.europol.europa.eu/content/press/further-investigations-vat-fraud-linked-carbon-emissions-trading-system-641, (accessed 18 October 2011).

[81]      Europol, 28 December 2010, Press release 'Further investigations into VAT fraud linked to the carbon emissions trading system', https://www.europol.europa.eu/content/press/further-investigations-vat-fraud-linked-carbon-emissions-trading-system-641, (accessed 18 October 2011).

[82]      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, p. 86.

[83]      Minerals Council of Australia, Submission 57, p. 8 and p. 15; see also Minerals Council of Australia, Supplementary Submission 57b, p. 7.

[84]      Clean Energy Bill 2011, Explanatory Memorandum, p. 41.

Chapter 4 - Property Rights

[1]        Clean Energy Bill 2011, Explanatory Memorandum, p. 117.

[2]        Clean Energy Bill 2011, Explanatory Memorandum, p. 121.

[3]        Senate Select Committee on the Scrutiny of New Taxes, Interim Report – The Carbon Tax: Economic pain for no environmental gain, October 2011, p. 43.

[4]        Subsection 51(xxxi), Commonwealth of Australia Constitution Act 1901.

[5]        Professor Lee Godden, Director, Centre for Resources, Energy and Environmental Law, Melbourne Law School, University of Melbourne, Ms Noni Shannon, Special Counsel, Norton Rose, Joint Select Committee on Australia's Clean Energy Future Legislation, Proof Committee Hansard, 26 September 2011, p. 53.

[6]        Ms Anna Burke MP, Chair, Joint Select Committee on Australia's Clean Energy Future Legislation, Professor Lee Godden, University of Melbourne, Ms Noni Shannon, Norton Rose, Joint Select Committee on Australia's Clean Energy Future Legislation, Proof Committee Hansard, 26 September 2011, p. 53.

[7]        Mr George Christensen, Member Joint Committee on Australia's Clean Energy Future Legislation, Senator Simon Birmingham, Member, Joint Committee on Australia's Clean Energy Future Legislation, Professor Lee Godden, University of Melbourne, Ms Noni Shannon, Norton Rose, Mr Douglas Young, Chairman, Climate Change Law Working Group, Law Council of Australia, Joint Select Committee on Australia's Clean Energy Future Legislation, Proof Committee Hansard, 26 September 2011, p. 53.

[8]        Mr Grant Anderson, Member Business Law Section Working Group on Climate Change Law, Law Council of Australia, Joint Select Committee on Australia's Clean Energy Future Legislation, Proof Committee Hansard, 26 September 2011, p. 54.

[9]        Senator Christine Milne, Deputy Chair, Joint Select Committee on Australia's Clean Energy Future Legislation, Mr Grant Anderson, Law Council of Australia, Joint Select Committee on Australia's Clean Energy Future Legislation, Proof Committee Hansard, 26 September 2011, p. 54.

[10]      Mr Martin Wilder, Partner, Baker and McKenzie, Joint Select Committee on Australia's Clean Energy Future Legislation Committee Hansard, 26 September 2011, p. 53.

[11]      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, paragraph 4.43,   p. 75.

[12]      Michael Power, 'Emissions trading in Australia: Markets, law and justice under the CPRS', Environmental and Planning Law Journal, (2010) 27, pp 145–146.

Chapter 5 - The rise and cost of the green bureaucracy

[1]        Mr Blair Comley, Secretary of the Department of Climate Change and Energy Efficiency, Estimates Hansard, 17 October 2011, p. 3.

[2]        Mr Blair Comley, Department of Climate Change and Energy Efficiency, Estimates Hansard, 17 October 2011, p. 3.

[3]        The graphic is from the Australian Government, Clean Energy Future Plan, Chapter Three – Putting a price on carbon (Figure 3.3), http://www.cleanenergyfuture.gov.au/clean-energy-future/securing-a-clean-energy-future/#content04, (accessed 10 July 2011).  The content is identical to that contained in the Clean Energy Bill 2011, Explanatory Memorandum, p. 13.

[4]        Energy Supply Association of Australia, Submission 1 to the Joint Select Committee, p. 3.

[5]        Greg Hunt MP, 'Real power to go to carbon cops', Herald Sun, 22 August 2011

http://www.greghunt.com.au/Pages/Article.aspx?ID=2156 (accessed 18 October 2011).

[6]        Clean Energy Bill 2011, Explanatory Memorandum, p. 218.

[7]        Joint Select Committee on Australia's Clean Energy Future Legislation (October 2011), Advisory Report on the Clean Energy Bills and the Steel Transformation Bill 2011, p. 96.

[8]        Australian Government, Clean Energy Future - Securing a clean energy future: The Australian Government's Climate Change Plan, p. 121.

[9]        Senator Mathias Cormann, Chair of the Senate Select Committee on the Scrutiny of New Taxes and Mrs Luise McCulloch, Department of the Treasury, Committee Hansard, 10 August 2010, p. 8.

[10]      Mr Stein Helgeby, Deputy Secretary, Financial Management Group, Department of Finance and Deregulation, Estimates Hansard, 18 October 2011, p. 27.

[11]      Treasury, reply to Question on Notice taken at the public hearing on 10 August 2011.

[12]      Treasury, reply to Question on Notice taken at the public hearing on 10 August 2011.

[13]      Mr Stein Helgeby, Deputy Secretary, Department of Finance and Deregulation, Estimates Hansard, 18 October 2011, p. 27.

[14]      Mr David Tune, Secretary of the Department of Finance and Deregulation, Estimates Hansard, 18 October 2011, p. 73.

[15]      Mr David Martine, Deputy Secretary, Budget Group, Department of Finance and Deregulation, Estimates Hansard, 18 October 2011, pp 72 – 73.

[16]      Australian Government, Clean Energy Future - Securing a clean energy future: The Australian Government's Climate Change Plan, p. 122.   

[17]      Source: https://www.aph.gov.au/house/committee/jscacefl/bills.htm
(accessed 18 October 2011).

[18]      Joint Press Conference with the Hon. David Bradbury MP, Parliamentary Secretary to the Treasurer and Mr Peter Kell, Deputy Chair of the Australian Competition and Consumer Commission and Member of Enforcement Committee, Press Conference – Melbourne,
13 July 2011.  http://ministers.treasury.gov.au/DisplayDocs.aspx?doc=transcripts/2011/103.htm&pageID=004&min=wms&Year=&DocType (accessed 13 July 2011).

[19]      Clean Energy Bill 2011, Explanatory Memorandum, p. 38.

[20]      Clean Energy Bill 2011, Explanatory Memorandum, p.38

[21]      Clean Energy Bill 2011, Explanatory Memorandum, p. 41.

[22]      Clean Energy Bill 2011, Explanatory Memorandum, p. 41.

[23]      Clean Energy Bill 2011, Explanatory Memorandum, p. 41.

[24]      Treasury, reply to Question on Notice taken at the public hearing on 10 August 2011.

[25]      Joint Press Conference with the Hon. David Bradbury MP, Parliamentary Secretary to the Treasurer and Mr Peter Kell, Deputy Chair of the Australian Competition and Consumer Commission and Member of Enforcement Committee, Press Conference – Melbourne,
13 July 2011.  http://ministers.treasury.gov.au/DisplayDocs.aspx?doc=transcripts/2011/103.htm&pageID=004&min=wms&Year=&DocType (accessed 13 July 2011).

[26]      Association of Mining and Exploration Companies, Submission 8 to the Joint Select Committee, p.  3. 

[27]      Bundaberg Fruit & Vegetable Growers, Submission 10 to the Joint Select Committee, p. 3. 

[28]      Source: http://100percent.org.au/blogs/media-release-pass-real-clean-energy-bills-now-says-100-renewable-energy (accessed 18 October 2011).

[29]      Natasha Bita, 'Green public sector on the rise', The Australian, http://www.theaustralian.com.au/national-affairs/green-public-sector-on-the-rise/story-fn59niix-1226095589075 (accessed 18 October 2011).

[30]      Natasha Bita, 'Green public sector on the rise', The Australian, http://www.theaustralian.com.au/national-affairs/green-public-sector-on-the-rise/story-fn59niix-1226095589075 (accessed 18 October 2011).

[31]      Natasha Bita, 'Green public sector on the rise', The Australian, http://www.theaustralian.com.au/national-affairs/green-public-sector-on-the-rise/story-fn59niix-1226095589075 (accessed 18 October 2011).

Chapter 6 - Community understanding of the carbon tax reforms

[1]        The Hon. Julia Gillard MP, Prime Minister, the Hon. Wayne Swan MP, Deputy Prime Minister and Treasurer, and the Hon. Greg Combet AM MP, Minister for Climate Change and Energy Efficiency, 'Prime Minister establishes climate change committee', Joint Media Release, 27 September 2010, p. 1.

[2]        Senate Select Committee on the Scrutiny of New Taxes, Interim Report – The Carbon Tax: Economic pain for no environmental gain, October 2011, pp 31–36.

[3]        The Hon. Martin Ferguson MP, Minister for Resources and Energy, Minister for Tourism, The Hon. Greg Combet AM MP, Minister for Climate Change and Energy Efficiency, 'Legislation Introduced to Establish ARENA', Joint Media Release, 12 October 2011, http://minister.ret.gov.au/MediaCentre/MediaReleases/Pages/LegislationIntroducedtoEstablishARENA.aspx, (accessed 19 October 2011).

[4]        https://www.aph.gov.au/Senate/committee/ec_ctte/arena/info.htm, (accessed 19 October 2011).

[5]  http://minister.ret.gov.au/MediaCentre/MediaReleases/Pages/InnovationandRenewableEnergy.aspx, (accessed 19 October 2011).

[6]        The Joint Select Committee was established on 14 September 2011 in the House of Representatives, the decision to establish the committee was ratified by the Senate on 15 September 2011.

[7]        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, pp 58–59.

[8]        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, p. 68.

[9]        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, pp 6–10.

[10]      Media Release, the Hon. Greg Combet AM MP, Minister for Climate Change and Energy Efficiency, 'Launch of the Climate Commission', 10 February 2011.

[11]      Media Release, the Hon. Greg Combet AM MP, Minister for Climate Change and Energy Efficiency, 'Launch of the Climate Commission', 10 February 2011.

[12]      Media Release, the Hon. Greg Combet AM MP, Minister for Climate Change and Energy Efficiency, 'Launch of the Climate Commission', 10 February 2011.

[13]      James Massola, Secret spin cell dwarfs Howard's GST transition sell', The Australian,     20 October 2011, http://www.theaustralian.com.au/national-affairs/carbon-plan/secret-spin-cell-dwarfs-howards-gst-transition-sell/story-fn99tjf2-1226171159201, (accessed 20 October 2011).

[14]      James Massola, 'Secret spin cell dwarfs Howard's GST transition sell', The Australian,                 20 October 2011, http://www.theaustralian.com.au/national-affairs/carbon-plan/secret-spin-cell-dwarfs-howards-gst-transition-sell/story-fn99tjf2-1226171159201, (accessed 20 October 2011).

[15]      Media Statement, The Hon. Greg Combet AM MP, Minister for Climate Change and Energy Efficiency, 'Clean energy future public information campaign', 16 July 2011, p. 1.

[16]      Media Statement, The Hon. Greg Combet AM MP, Minister for Climate Change and Energy Efficiency, 'Clean energy future public information campaign', 16 July 2011, p. 1.

[17]      Marcus Priest, 'Mud-slinging over climate group grants', Australian Financial Review,      18 October 2011, p. 10.

[18]      Ms Harinder Sidhu, First Assistant Secretary, Adaptation, Science and Communications Division, Environment and Communications Legislation Committee, Draft Estimates Hansard, 17 October 2011, pp 27–31.

[19]      David Wroe, 'Labor accused of giving grants to groups backing carbon tax', Sydney Morning Herald, 18 October 2011, p. 4.

[20]      See http://www.finance.gov.au/advertising/docs/Guidelines-on-Information-and-Advertising-Campaigns-by-Australian-Government-Departments-and-Agencies-March-2010.pdf, (accessed 26 October 2011).

Government Senators' Dissenting Report - Government Senators' Dissenting Report: Appendix 1

[1]        The interim carbon tax report of the Senate Select Committee on the Scrutiny of New Taxes was tabled on 7 October 2011.

[2]        Report of the Task Group on Emissions Trading; 1^st June 2007, p.6: http://pandora.nla.gov.au/pan/72614/20070601-0000/www.pmc.gov.au/publications/emissions/index.html#viewing – Viewed 27^th October 2011

[3]        Howard, J. W., Lazarus Rising; A personal and political autobiography; Harper Collins, Pymble, 2010, p.635

[4]        Tingle, Laura, Labor Hopeless, Abbott a hollow man; Australian Financial Review, 28^th October 2011, p.59.

[5]        Senate Select Committee on the Scrutiny of New Taxes, Interim Report – The Carbon Tax: Economic pain for no environmental gain, October 2011, p. 251.

[6]        Senate Select Committee on the Scrutiny of New Taxes, Interim Report – The Carbon Tax: Economic pain for no environmental gain, October 2011, p. 261.

[7]        Senate Select Committee on the Scrutiny of New Taxes, Interim Report – The Carbon Tax: Economic pain for no environmental gain, October 2011, p. 261.

[8]        Senate Select Committee on the Scrutiny of New Taxes, Interim Report – The Carbon Tax: Economic pain for no environmental gain, October 2011, pp 261–262.

[9]        Ms. Meghan Quinn, Department of the Treasury, quoted in Senate Select Committee on the Scrutiny of New Taxes, Interim Report – The Carbon Tax: Economic pain for no environmental gain, October 2011, pp 263–264.

[10]      Senate Select Committee on the Scrutiny of New Taxes, Interim Report – The Carbon Tax: Economic pain for no environmental gain, October 2011, p. 264.

[11]      Ms. Meghan Quinn, Department of the Treasury, quoted in Senate Select Committee on the Scrutiny of New Taxes, Interim Report – The Carbon Tax: Economic pain for no environmental gain, October 2011, p. 265.

[12]      This analysis is based on three different approaches - two specialist electricity sector consultants and an Australian Treasury model - all of which give consistent results.

[13]      The Hon. Kim Carr MP, Minister for Innovation and Industry, Senate Economics Legislation Committee, Estimates Hansard, 19 October 2011, pp 55–56.

[14]      Mr Martin Hoffman, Acting Secretary, Department of Resources, Energy and Tourism, Ms Jane Madden, Head of Division, Tourism Division, Department of Resources, Energy and Tourism, Senate Economics Legislation Committee; Estimates Hansard, 19 October 2011, pp 95–96.

[15]      Ms Meghan Quinn, General Manager, Macroeconomic Modelling Division, Macroeconomic Group, Department of the Treasury, Committee Hansard, 10 August 2011, p. 27.

[16]       Hon. Malcolm Turnbull MP; Lateline, ABC Television, 18^th May 2011

[17]      Australian Liberal Party, The Coalition's Direct Action Plan – Environment and Climate Change, p. 1, http://www.liberal.org.au/~/media/Files/Policies%20and%20Media/Environment/The%20Coalitions%20Direct%20Action%20Plan%20Policy%20Web.ashx, (accessed 26 October 2011).

[18]      Mr Blair Comley, Secretary, Department of Climate Change and Energy Efficiency, Senate Estimates Committee Hansard, 17 October 2011, pp 15–16.

[19]      Australian Liberal Party, The Coalition's Direct Action Plan – Environment and Climate Change, p. 2, http://www.liberal.org.au/~/media/Files/Policies%20and%20Media/Environment/The%20Coalitions%20Direct%20Action%20Plan%20Policy%20Web.ashx, (accessed 26 October 2011).

[20]      Ms Meghan Quinn, General Manager, Macroeconomic Modelling Division, Macroeconomic Group, Department of the Treasury, Senate Estimates Economics Committee Hansard, 20 October, p. 48.

[21]      Institutional Investors Group on Climate Change, 2011 Global Investor Statement on Climate Change, p. 1, 3.

[22]      Institutional Investors Group on Climate Change, 2011 Global Investor Statement on Climate Change, p. 2.

[23]      US Investor Network on Climate Risk, European Institutional Investors Group on Climate Change, Investors Group on Climate Change - Australia and New Zealand, United Nations Environment Programme Finance Initiative, Investment-grade Climate Change Policy – Financing the Transition to the Low-Carbon Economy, 2011, p. 17.

[24]      Dr Martin Parkinson, Secretary, Department of the Treasury, Senate Economics Legislation Estimates Committee Hansard, 20 October 2011, p. 13.

[25]      Ms Meghan Quinn, General Manager, Macroeconomic Modelling Division, Macroeconomic Group, Department of the Treasury, Committee Hansard, 10 August 2011, p. 27.

[26]      Mr Nathan Fabian, Chief Executive Officer, Investor Group on Climate Change, Committee Hansard, 23 September 2011, pp 29–30.

[27]      Mr Blair Comley, Secretary, Department of Climate Change and Energy Efficiency, Senate Environment and Communication Legislation Committee; Estimates Hansard, 17 October 2011, p. 18.

[28]      Mr Blair Comley, Secretary, Department of Climate Change and Energy Efficiency, Senate Environment and Communication Legislation Committee; Estimates Hansard, 17 October 2011, p. 18.

[29]      Mr Kenneth John Thompson, Loy Yang Marketing Management Company Pty Ltd, Loy Yang Power, Committee Hansard, 16 September 2011, p. 31.

[30]      Angela Macdonald-Smith, Perry Williams, 'Abbott stand sparks power price anger', Australian Financial Review, 18 October 2011, p. 1.

[31]      Angela Macdonald-Smith, Perry Williams, 'Abbott stand sparks power price anger', Australian Financial Review, 18 October 2011, p. 1.

[32]      Angela Macdonald-Smith, Perry Williams, 'Abbott stand sparks power price anger', Australian Financial Review, 18 October 2011, p. 10.

[33]      Professor Henry Ergas, Not a Model way to Sell A Carbon Tax; The Australian, 21 October 2011, p.14.

[34]      The Impact of a Carbon Price on Household Expenditure as modelled by Treasury for the Clean Energy Future Package announced on 10^th July 2011 by the Government; http://www.treasury.gov.au/documents/2118/PDF/Modelling_carbon_price_household.pdf, viewed 27^th October 2011.

[35]      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, pp 6–10.

[36]      House of Representatives Standing Committee on Environment, Recreation and the Arts, A review of Audit Report No. 32 1992-93—an efficiency audit of the Implementation of an Interim Greenhouse Response, May 1994, https://www.aph.gov.au/house/committee/reports/1994/1994_PP92.pdf, (accessed 25 October 2011).

[37]      House of Representatives Standing Committee on Environment, Recreation and the Arts, Inquiry into the regulatory arrangements for trading in greenhouse gas emissions, 25 August 1998, https://www.aph.gov.au/house/committee/environ/greenhse/gasrpt/contents.htm, (accessed 25 October 2011).

[38]      Senate Environment, Communications, Information Technology and the Arts References Committee, Renewable Energy (Electricity) Bill 2000; Renewable Energy (Electricity) (Charge) Bill 2000, August 2000, https://www.aph.gov.au/Senate/committee/ecita_ctte/completed_inquiries/1999-02/reb2000/report/index.htm (accessed 25 October 2011).

[39]      Joint Standing Committee on Treaties, Report 38 The Kyoto Protocol – Discussion Paper, April 2001, pp 11–12, 33–34, https://www.aph.gov.au/house/committee/jsct/kyoto/kyoto.htm, (accessed 25 October 2011)

[40]      Senate Environment, Communications, Information Technology and the Arts Legislation Committee, Provisions of Inquiry into the Renewable Energy (Electricity) Amendment Bill 2002, 2 December 2002, pp 1–2, 16–18, 33. https://www.aph.gov.au/Senate/committee/ecita_ctte/completed_inquiries/2002-04/renewable_energy/index.htm, (accessed 25 October 2011).

[41]      Senate Environment, Communications, Information Technology and the Arts Legislation Committee, Kyoto Protocol Ratification Bill 2003 [No.2], 25 March 2004, https://www.aph.gov.au/Senate/committee/ecita_ctte/completed_inquiries/2002-04/kyoto/index.htm, (accessed 25 October 2011).

[42]      Senate Environment, Communications, Information Technology and the Arts Legislation Committee, Provisions of the Renewable Energy (Electricity) Amendment Bill 2006, 9 May 2006, https://www.aph.gov.au/Senate/committee/ecita_ctte/completed_inquiries/2004-07/renewableenergy/report/index.htm, (accessed 25 October 2011)

[43]      House Standing Committee on Environment and Heritage, Inquiry into sustainable cities, 12 September 2005, https://www.aph.gov.au/house/committee/environ/cities/report.htm, (accessed 25 October 2011).

Additional Comments by Senator Nick Xenophon

[1] Supplementary Estimates – Economics Committee, Thursday 20 October 2011, Page 41