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Monday, 7 November 2011
Page: 8313

Senator LUNDY (Australian Capital TerritoryParliamentary Secretary to the Prime Minister and Parliamentary Secretary for Immigration and Multicultural Affairs) (13:49): Senator Birmingham, I think you already know where this is but I refer you to chapter 2 in the explanatory memorandum, which runs through the detail of the pollution caps. With respect to the question you just asked, the 38 million reflects the reduction between year 1 and year 4 of the carbon emissions to reach the target. Hopefully that answers your question.