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Notice given 13 June 2007

Senator Milne: To move—That the following matter be referred to the Economics Committee for inquiry and report by 6 October 2007:

An assessment of the benefits and costs of introducing renewable energy feed-in tariffs in Australia, including an evaluation of:

(a) barriers to the expansion of the renewable energy industry in general and within the electricity market in Australia in particular;

(b) the likelihood that carbon prices generated by an emissions trading system will be insufficient to overcome these barriers in the near term; and

(c) options to link the Mandatory Renewable Energy Target scheme (with an increased target) with feed-in tariffs to guarantee a viable return on investment for investors in a range of prospective renewable energy technologies.