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Fuel Security Bill 2021

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1295

2019-2021

 

The Parliament of the

Commonwealth of Australia

 

THE SENATE

 

 

 

 

 

Fuel Security Bill 2021

 

 

(1)     Clause 2, page 2 (table item 1, column 2), omit the cell, substitute:

At the same time as the Electric Vehicles Accountability Act 2021 commences.

[commencement]

(2)     Clause 71, page 62 (after line 8), after the paragraph beginning “This Part also”, insert:

Finally, this Part deals with the review of this Act by the Productivity Commission every two years.

[productivity commission report]

(3)     Page 71 (after line 2), at the end of Division 3, add:

85  Report by Productivity Commission

             (1)  The Productivity Commission must report to the Minister on the operation of this Act.

             (2)  Reports must be prepared in relation to the following periods:

                     (a)  the 2-year period following the commencement of this Act;

                     (b)  each successive 2-year period.

             (3)  Without limiting the matters to be covered in reports prepared under subsection (1), the reports must include an analysis of the costs and benefits of the following during the relevant 2-year period:

                     (a)  the measures implemented by this Act to improve security and confidence in Australia’s fuel supplies including employment generated;

                     (b)  the impact of the manufacture and sale of electric vehicles on fuel security, economic activity and employment generated by the following:

                              (i)  electric vehicle and electric vehicle component manufacturing;

                             (ii)  battery manufacturing and commodity value-adding;

                            (iii)  investment in fast charging network infrastructure;

                            (iv)  the purchase and use of electric vehicles in Australia;

                             (v)  any related matters;

                     (c)  other forms of zero emissions transport including zero emissions fuels such as clean hydrogen and the impact of zero emissions transport on fuel security, economic activity and employment generated.

             (4)  The report must be provided to the Minister within 60 days after the end of the 2-year period to which the report relates.

             (5)  The Minister must cause the report to be tabled in each House of the Parliament within 15 sitting days of that House after receiving the report.

[productivity commission report]