Bill
Clean Energy Finance Corporation Amendment (Carbon Capture and Storage) Bill 2017
lapsed, as at 2019-04-11. Environment and Energy portfolio.
- Sponsor
- Not recorded
- Portfolio
- Environment and Energy
Recorded stages
- introduced — 2017-05-31
- second reading — 2017-05-31
- other — 2019-04-11
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2017-05-31.
This bill would let the Clean Energy Finance Corporation invest in carbon capture and storage technology.
It achieves this by deleting the existing ban on such investments from the Clean Energy Finance Corporation Act 2012.
The bill does not change any other restrictions on the CEFC's investments, such as the ban on nuclear technology.
- The bill removes the prohibition on CEFC investments in carbon capture and storage.
- It amends the Clean Energy Finance Corporation Act 2012 to allow this new category of investment.
- The bill leaves other prohibited technologies, including nuclear power, unchanged.
The Clean Energy Finance Corporation and its investment activities are affected.
Sources
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