The majority voted against a motion to read the bills for a third time, which was introduced by Liberal Senator Mathias Cormann.
This means that the majority disagreed with the bills and did not want to pass them through the Senate,(Read more about this division on ABC News. ) meaning that the bills will not proceed to become law.
Background to the bills
The Clean Energy Legislation (Carbon Tax Repeal) Bill 2013 and related bills were introduced as a package to remove the carbon pricing mechanism, which was introduced by the Australian Labor Party while in government. The Coalition described the mechanism as a “carbon tax” and removing it was a key policy platform during the 2013 election.(You can read more about the Coalition's policy to remove the carbon price here. )
The carbon pricing mechanism commenced on 1 July 2012.(For more information on the carbon pricing mechanism and how it works, please see the Clean Energy Regulator’s website.) It is an emissions trading scheme that puts a price on carbon emissions. It applies to “liable entities” (a group that includes companies that emit a high level of greenhouse gases). Initially the price of carbon is fixed by the mechanism but from 1 July 2015 the price will be set by the market, though the Labor Government did announce plans to bring this forward to 1 July 2014 just before they were defeated by the Coalition in the 2013 election.
The ten other related bills are:
- True-up Shortfall Levy (General) (Carbon Tax Repeal) Bill 2013
- True-up Shortfall Levy (Excise) (Carbon Tax Repeal) Bill 2013
- Customs Tariff Amendment (Carbon Tax Repeal) Bill 2013
- Excise Tariff Amendment (Carbon Tax Repeal) Bill 2013
- Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Carbon Tax Repeal) Bill 2013
- Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Carbon Tax Repeal) Bill 2013
- Ozone Protection and Synthetic Greenhouse Gas (Import Levy) (Transitional Provisions) Bill 2013
- Climate Change Authority (Abolition) Bill 2013
- Clean Energy (Income Tax Rates and Other Amendments) Bill 2013
- Clean Energy Finance Corporation (Abolition) Bill 2013
References