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Thursday, 14 November 2002
Page: 6424

Senator MURRAY (5:11 PM) —I will drop amendment (1). In doing so, I indicate that my colleague Senator Allison was here earlier and had a few short questions on other aspects of the bill. I would be grateful if we could address a few general questions. If we turn to the part of the bill dealing with fuel, the excise duty has been removed from the water component of emulsified diesel and water fuel blends. It is not expected to result in any significant loss of revenue. It seems to my uneducated eye a sensible thing to do. The question is: do the same principles apply or need to apply to other fuels such as ethanol and biodiesel?