Legislative Assembly for the ACT: 2011 Week 12 Hansard (25 October) . . Page.. 4899..
wetlands conservation trust and monitoring its effectiveness in sourcing additional funds. The commissioner's report also recognises the need to identify new sources of funding to protect and restore our nature reserves, including partnerships with community groups and local businesses.
The Territory and Municipal Services Directorate has been working to establish the capital woodland and wetland conservation trust in 2011 for these and other related purposes. The trust is specific to two reserves, Mulligans Flat and Jerrabomberra wetlands. The government will continue to explore other options for funding work in nature reserves.
As I have outlined, the government is still considering the detail of its response to this important report. However, as is customary in responding to the commissioner's investigation reports, the government intends to respond as soon as possible. I commend the commissioner's report to the Assembly and thank the commissioner and his staff—and indeed the previous commissioner—for the work they undertook in developing this comprehensive, detailed and important series of investigations.
Independent Competition and Regulatory Commission—report
Paper and statement by minister
MR CORBELL (Molonglo—Attorney-General, Minister for the Environment and Sustainable Development, Minister for Territory and Municipal Services and Minister for Police and Emergency Services): For the information of members, I present the following paper:
Independent Competition and Regulatory Commission Act, pursuant to section 24—Independent Competition and Regulatory Commission—Report 7 of 2011—ACT Greenhouse Gas Inventory Report for 2008-09, dated September 2011.
I ask leave to make a statement in relation to the paper.
MR CORBELL: I am pleased to table today the ACT greenhouse gas inventory report for 2008-09. The aim of a greenhouse gas inventory is to provide policymakers with an understanding of both the aggregate amount of greenhouse gas emissions and the greenhouse intensity, or amount of emissions per capita, so that performance can be tracked over time. The findings of this report will play an important role in helping the territory to work towards its goal of zero net emissions by 2060.
The Climate Change and Greenhouse Gas Reduction Act was passed in the Assembly in October last year, establishing targets for zero net greenhouse gas emissions by 2060; peaking per capita emissions by 2013; 40 per cent of 1990 levels by 2020; and 80 per cent of 1990 levels by 2050. The act also prescribes that I as the responsible minister determine a method for measuring greenhouse gas emissions; in making the determination, seek and have regard to the advice of an independent entity and, as far