Secretary of DIICCSRTE Certification

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Secretary

Mr Jason McNamara

Executive Director

Office of Best Practice Regulation

Department of Finance and Deregulation

John Gorton Building

King Edward Terrace

PARKES ACT 2600

AUSTRALIA

Dear Mr McNamara

Industry House, 10 Binara Street Canberra City ACT 2601

GPO Box 9839 Canberra ACT 2601

Phone: (02) 6213 6650

Fax: (02) 6213 6657

Email: don.russell@innovation.gov.au

www.innovation.gov.au

ABN: 74 599 608 295

Options Stage Regulatory Impact Statement:

Bringing Forward the Start of Emissions Trading

I certify that I approved the Options Stage Regulatory Impact Statement (RIS) concerning bringing forward the start of emissions trading prior to Cabinet’s consideration of this issue on

Monday, 8 July 2013 (copy attached) on the basis that I am satisfied that the RIS meets the

Government’s best practice regulation requirements, in particular that:

 the problem being addressed and the objectives of government action are well articulated;

 a range of feasible options, including regulation, no regulation or light-handed regulation and do nothing, have been considered.

I further note that the draft Options Stage RIS had been provided to the Office of Best Practice

Regulation before the Cabinet’s consideration of this matter.

Yours sincerely

[Signed on 17 July 2013]

Yours sincerely

Dr Don Russell

April 2020

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