- Home
- Hansard & Papers
- Legislative Council
- 6 June 2007
Greenhouse Gas Abatement Scheme
Printing Tips |
Print selected text
| Full Day Hansard Transcript
« Prior Item |
Item 27 of 46
| Next Item »
Page: 813
Dr JOHN KAYE: My question relates to the New South Wales Greenhouse Gas Abatement Scheme and is directed to the Minister for Energy. Is it true that a modern coal-fired power station that emits 0.82 tonnes of carbon dioxide per megawatt hour sent out would be allowed to create approximately 0.1 Greenhouse Gas Abatement Certificate for each megawatt hour sent out, so that for every 10 megawatt hours sent out it could profit from the sale of one tonne's worth of carbon dioxide abatement certificates while continuing to emit 8.2 tonnes of carbon dioxide into the atmosphere?
[ Interruption]
Is it thus not true that heavily-polluting power stations are being financially rewarded for their behaviour, provided they are less polluting than the pool coefficient average?
The Hon. IAN MACDONALD: I dealt with this in some detail yesterday. But one thing seems to have escaped the Greens in relation to some of these issues—and I will not indulge in the histrionics just displayed by my colleague the Treasurer.
The Hon. Michael Gallacher: He went off like Krakatoa!
The Hon. IAN MACDONALD: I could, but I intend to take a measured course in relation to this. The scheme is about limiting overall emissions. It is about what happens at the end of the day. The Greens constantly confuse the issue because they do not understand that this scheme is about net reduction, overall reduction, not the individual mechanics within each particular certificate that is released. It is the overall impact. The greenhouse gas scheme has reduced greenhouse gas emissions in New South Wales by around 41 million tonnes.
The Hon. TONY KELLY: If honourable members have further questions, I suggest that they place them on notice.
Questions without notice concluded.
Last modified 05/12/2007 16:46:27 : Update this page