Bill
Snowy Hydro Corporatisation Amendment (No New Fossil Fuels) Bill 2021
lapsed, as at 2021-11-23. (s) BANDT, Adam, MP portfolio.
- Sponsor
- Adam Bandt
- Portfolio
- (s) BANDT, Adam, MP
Recorded stages
- introduced — 2021-03-22
- second reading — 2021-03-22
- other — 2021-11-23
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 2021-03-22.
The bill would stop Snowy Hydro from building, buying or running new power stations that use fossil fuels.
This ban would not cover existing fossil fuel plants or any that Snowy Hydro is already legally committed to build or buy before the law starts.
The bill would also add a purpose statement, update the short title description and create new definitions.
- Prohibits Snowy Hydro from developing new fossil fuel electricity generation.
- Prohibits Snowy Hydro from acquiring or investing in new fossil fuel electricity generation.
- Prohibits Snowy Hydro from operating new fossil fuel electricity generation.
- Excludes existing fossil fuel assets from the prohibition.
- Excludes fossil fuel assets required under pre-commencement binding contracts.
- Inserts a new objects clause, amends the short outline and adds definitions.
Snowy Hydro and its group companies.
Sources
em
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