Supplementary comments from the Australian Greens

Regarding recommendation 1

The Steel Transformation Plan Bill 2011 gives effect to a ‘Government only’ commitment arising from the Multi Party Climate Change Committee negotiations. The clean energy package makes provision to compensate energy intensive trade exposed industries for their trade exposure and steel is included in these provisions. The additional assistance provided by the Steel Transformation Plan Bill 2011 is industry assistance responding to higher input costs and the relatively high Australian dollar. The Australian Greens are evaluating the merits of the bill and have not yet finalised a position.

Senator Christine Milne
Deputy Chair

Mr Adam Bandt, MP