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Committee activities (inquiries and reports)Inquiry into the Draft Offshore Petroleum Amendment (Greenhouse Gas Storage) Bill Inquiry home | Submissions | Public hearings | Media releases | Background Material | ReportTerms of ReferenceThe Committee will review the provisions of the draft Offshore Petroleum Amendment (Greenhouse Gas Storage) Bill.Specifically, the Committee will ascertain whether the Bill: a) Establishes legal certainty for access and property rights for the injection and long-term storage of greenhouse gases (GHGs) in offshore Commonwealth waters; b) Provides a regulatory regime which will enable management of GHG injection and storage activities in a manner which responds to community and industry concerns; c) Provides a predictable and transparent system to manage the interaction between GHG injection and storage operators with pre-existing and co-existing rights, including, but not limited to, those of petroleum and fishing operators, should these come into conflict; d) Promotes certainty for investment in injection and storage activities; and e) Establishes a legislative framework that provides a model that could be adopted on a national basis. Last reviewed 16 February, 2011 by the Committee Secretariat © Commonwealth of Australia Parliament of Australia Web Site Privacy Statement
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