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11 October 2011
© Commonwealth of Australia 2011 ISBN 978-0-642-79571-7 (Printed version) ISBN 978-0-642-79572-4 (HTML version)
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Referral of the billsOrigins and purpose of the billsPricing carbon to reduce emissionsInternational commitmentsThe Garnaut Review and UpdatePrevious parliamentary inquiriesExposure draft legislation consultationObjectives and scope of the inquiryConduct of the inquirySubmissions and correspondenceReport structure
The carbon pricing mechanismDescription of the clean energy billsClean Energy (Consequential Amendments) Bill 2011Household assistance billsClean Energy (Household Assistance Amendments) Bill 2011Clean Energy (Tax Laws Amendments) Bill 2011Fuel tax bills[28]Clean Energy (Customs Tariff Amendment) Bill 2011Clean Energy (Excise Tariff Legislation Amendment) Bill 2011Synthetic greenhouse gas billsThe charges billsClean Energy (Unit Issue Charge – Fixed Charge) Bill 2011 and the Clean Energy (Unit Issue Charge – Auctions) Bill 2011Clean Energy (Charges—Excise) Bill 2011 and the Clean Energy (Charges—Customs) Bill 2011The Clean Energy (International Unit Surrender Charge) Bill 2011The Clean Energy Regulator 2011The Climate Change Authority 2011The steel transformation planSteel Transformation Plan Bill 2011
Economic impacts of the legislationCriticisms of the Treasury modellingThe view from the financial marketsSpecific economic issuesClaims about jobsThe coal industryCertainty for businessCommunity understanding of the reformsConclusion
General views on the legislationAnalysisConclusion Specific issues concerning the drafting of the billsIdentification of liable entitiesAnalysisConclusionProperty rights and carbon unitsAnalysisConclusion Links between the mechanism and international emissions reduction schemesAnalysisConclusionThe Jobs and Competitiveness ProgramAnalysisConclusionThe mechanism and energy generationAnalysis and conclusionsThe powers of the Clean Energy Regulator AnalysisConclusionThe application of the mechanism to liquid petroleum gasAnalysisThe mechanism and small and medium-sized businessesAnalysisConclusionCoverage of landfill facilities and impacts on local governmentAnalysisConclusionThe mechanism and the agricultural sectorAnalysisConclusionSynthetic greenhouse gasesThe effectiveness of the household compensation arrangementsAnalysisConclusionSteel Transformation PlanAnalysisConclusionIssues for further consideration
1. Introduction 2. Breach of trustUnions complicit3. Out of step with the worldAustralia is no laggardTo what extent is the world acting?What policies are other countries pursuing?Models based on false assumptions4. Emissions keep going upCredibility of international marketAlready driving a ‘clean energy future’5. Hurting householdsAustralians are under pressureMillions still worse off6. Small business squeezeJobs at risk, businesses crippled7. Communities cop the costCopping it at the local levelCopping it in the regionsCopping it at the expense of community welfare8. Key industries compromised9. Crippling competitiveness10. Fuel + fridges = more than 500 500 claimOff-road fuelOn-road fuelExtent of fuel impactsRefrigerants11. Farcical inquiry shows contemptRepeating past mistakesOnce criticised, now endorsedLimited time, most submissions not acceptedPast inquiries no substituteDCCEE consultationSubmissions ignoredTreasury modellingMassive legislative reform12. Conclusion
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