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senate vote 2021-05-13#30
Edited by
mackay staff
on
2022-01-28 15:19:40
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Title
Northern Australia Infrastructure Facility Amendment (Extension and Other Measures) Bill 2021 - Second Reading - New fossil fuel projects- Northern Australia Infrastructure Facility Amendment (Extension and Other Measures) Bill 2021 - in Committee - New fossil fuel projects
Description
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- The majority voted against [amendments](https://www.openaustralia.org.au/senate/?gid=2021-05-13.119.1) that would have included in the bill a ban on giving assistance to new fossil fuel projects. The amendments were introduced by Queensland Senator [Larissa Waters](https://theyvoteforyou.org.au/people/senate/queensland/larissa_waters) (Greens).
- ### What does the bill do?
- According to the [bills digest](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2021a/21bd062), the bill was introduced in order to:
- > * *extend the period when the Northern Australia Infrastructure Facility (the Facility) can issue financial assistance*
- > * *expand who the Facility can give assistance to, and how it provides this assistance*
- > * *add the Finance Minister as a responsible minister for the Facility and*
- > * *change some governance arrangements in relation to the Facility.*
- Currently, the [purpose of the Facility](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2021a/21bd062#_Toc71535773) is:
> *...to provide financial assistance to the states and territories for the construction of economic infrastructure in Northern Australia. It does this through providing concessional loans and guarantees.*- > *...to provide financial assistance to the states and territories for the construction of economic infrastructure in Northern Australia. It does this through providing concessional loans and guarantees.*
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senate vote 2021-05-13#30
Edited by
mackay staff
on
2022-01-21 12:03:29
|
Title
Bills — Northern Australia Infrastructure Facility Amendment (Extension and Other Measures) Bill 2021; Second Reading- Northern Australia Infrastructure Facility Amendment (Extension and Other Measures) Bill 2021 - Second Reading - New fossil fuel projects
Description
<p class="speaker">Scott Ryan</p><p>I will now deal with the amendments from the Australians Greens which were circulated after 11.30 this morning, hence leave will be required for them to be considered. Is leave granted?</p>-
- The majority voted against [amendments](https://www.openaustralia.org.au/senate/?gid=2021-05-13.119.1) that would have included in the bill a ban on giving assistance to new fossil fuel projects. The amendments were introduced by Queensland Senator [Larissa Waters](https://theyvoteforyou.org.au/people/senate/queensland/larissa_waters) (Greens).
- ### What does the bill do?
- According to the [bills digest](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2021a/21bd062), the bill was introduced in order to:
- > * *extend the period when the Northern Australia Infrastructure Facility (the Facility) can issue financial assistance*
- > * *expand who the Facility can give assistance to, and how it provides this assistance*
- > * *add the Finance Minister as a responsible minister for the Facility and*
- > * *change some governance arrangements in relation to the Facility.*
- Currently, the [purpose of the Facility](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2021a/21bd062#_Toc71535773) is:
- > *...to provide financial assistance to the states and territories for the construction of economic infrastructure in Northern Australia. It does this through providing concessional loans and guarantees.*
<p>Leave granted.</p> <p class="speaker">Larissa Waters</p><p>I move Greens amendment (1) on sheet 1283, circulated earlier:</p><p class="italic">(1) Schedule 1, page 7 (after line 23), after item 15, insert:</p><p class="italic">15A At the end of Part 2</p><p class="italic">Add:</p><p class="italic">8A Prohibition on assistance for new fossil fuel projects</p><p class="italic">(1) Financial assistance must not be provided under this Act for the development of fossil fuel-based infrastructure associated with a new fossil fuel project.</p><p class="italic">(2) It must be a condition of any grant of financial assistance under this Act that the financial assistance not be used (whether directly or indirectly) for the development of fossil fuel-based infrastructure associated with a new fossil fuel project.</p><p class="italic">(3) Without limiting subsection (1), neither the Facility nor a subsidiary of the Facility may invest (whether directly or indirectly, including as a participant in a partnership, trust, joint venture or similar arrangement, through subsidiaries or other investment vehicles, or by any combination of these means) in fossil fuel-based infrastructure associated with a new fossil fuel project.</p><p class="italic">(4) In this section:</p><p class="italic"> <i>fossil fuel-based infrastructure:</i></p><p class="italic">(a) includes fossil fuel-based electricity generation capacity; and</p><p class="italic">(b) includes infrastructure relating to extraction, processing, storage and movement of fossil fuels; and</p><p class="italic">(c) does not include electricity transmission infrastructure.</p><p class="italic"><i>fossil fuels</i> includes any of the following:</p><p class="italic">(a) coal;</p><p class="italic">(b) oil and other petroleum-based products;</p><p class="italic">(c) gas;</p><p class="italic">(d) products, by-products and wastes from extracting or processing fossils fuels to which paragraphs (a) to (c) apply.</p><p class="italic"><i>new fossil fuel project</i> means a project for the development of fossil fuel-based infrastructure that:</p><p class="italic">(a) receives the relevant authorisation to begin development on or after the commencement of this section; and</p><p class="italic">(b) is not a project for the further development of existing fossil fuel-based infrastructure.</p><p>They say that we shouldn't fund new fossil fuel projects—</p> <p class="speaker">Scott Ryan</p><p>Thank you, Senator Waters; we don't have time. The question is that Greens amendment (1) on sheet 1283 be agreed to.</p> -
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