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Second Reading Speeches

Australian National Registry of Emissions Units Bill 2011

Type
Government
Portfolio
Climate Change and Energy Efficiency
Originating house
House of Representatives
Status
Act
Parliament no
43

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Summary

Part of a package of three bills to establish the Carbon Farming Initiative, the bill provides for: the purposes and functions of the Australian National Registry of Emissions Units; rules for opening and closing accounts in the registry; different types of registry accounts; procedures and requirements relating to Kyoto and non-Kyoto international units in the registry; publication of information; voluntary cancellation of emissions units; prevention or rectifying non-compliance with registry requirements; and merits review of decisions.