An statutory authority to advise the government on the future of carbon pricing will ensure “facts and not fear set public policy”, Climate Change Minister Greg Combet has told Parliament.
He introduced legislation to establish the independent climate change authority today.
The authority will advise the government of the day on pollution caps, carbon budgets, the credibility of international emissions units, and the performance of the carbon pricing mechanism.
Mr Combet said it would take into account expert scientific and economic advice and international developments.
“This means the climate change policy will be directed by evidence and facts rather than fear and political opportunism,” he told the lower house.
“It will take the politics out of the debate.”
Mr Combet also introduced a bill to set up the clean energy regulator, which will be responsible for administering the government’s carbon price.
The body will have powers similar to other business regulators.
The regulator will have responsibility for auctioning and allocating emissions units, maintaining a national registry of these units, and ensuring companies and individuals comply with their obligations under the carbon price scheme.
It also will give information to business and individuals about the scheme and how it affects them.
“The government is determined that deliberate breaches and fraud are properly and effectively dealt with and makes no apology for giving appropriate powers to the regulator to see that this happens,” Mr Combet said.
The government intended the legislation would establish “a best practice, effective and efficient regulator”.
Debate on the Climate Change Authority Bill 2011 and the Clean Energy Regulator Bill 2011 was adjourned.
AAP
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