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Advisory report on the Clean Energy Finance Corporation Bill 2012, Clean Energy Legislation Amendment Bill 2012, Clean Energy (Customs Tariff Amendment) Bill 2012 and Clean Energy (Excise Tariff Legislation Amendment) Bill 2012

30 May 2012

View the report as a single document - (PDF 639KB)

View the report as separate downloadable parts:


PreliminaryPages	(PDF 110KB)

Chapter 1 Introduction	(PDF 82KB)
Referral of the Bill Origins and purpose of the Bills Clean Energy Legislation Amendment Bill 2012 Clean Energy Finance Corporation Bill 2012 Clean Energy (Customs Tariff Amendment) Bill 2012 and Clean Energy (Excise Tariff Legislation Amendment) Bill 2012 Consultation Objective and scope of the inquiry Structure of the report

Chapter 2 Issues in the Bills	(PDF 193KB)
Clean Energy Legislation Amendment Bill 2012 Gaseous fuels Commencement of coverage and transitional arrangements Coverage of non-transport CNG Off-road use in agriculture, forestry and fisheries activities Ongoing coverage of gaseous fuels under the fuel tax system Carbon Farming Initiative Australian National Registry of Emission Units Providing information to the Clean Energy Finance Corporation National Greenhouse and Energy Reporting System Clean energy customs and excise Bills Clean Energy Finance Corporation Bill 2012 Key features of the CEFC Bill CEFC Board and staffing Financial arrangements Investment function Miscellaneous provisions Discussion on the CEFC Financial barriers to investment in clean energy Tenor of Australian debt markets Availability Positive spillovers Minimising market distortions Benefits to the community Conclusion

Dissenting Report - Conclusion	(PDF 130KB)
Introduction Risk to Taxpayers Failure to Heed Past Lessons No Legislated Safeguards Market Distortions Funding Inferior, Less Efficient Technology Taxpayers Value Rate of Return Overseas funds Investment mandate Electricity Prices Cost to Taxpayers Arbitrary Start-up Costs No Impact on the Renewable Energy Target Undue Political Influence Lack of Proper Scrutiny

Appendix A – Details of evidence	(PDF 32KB)

Appendix B – List of advisory reports	(PDF 33KB)