Independent Review – Department of Industry and Science
On 8 April 2015, the Minister for Industry and Science announced the release of the Government’s Energy White Paper that sets a policy framework to give industry and consumers certainty in energy policy. The objectives of the framework include increasing competition and energy productivity and encouraging investment. The Energy White Paper outlines a number of Government priorities, one of which is to improve national energy productivity by up to 40 per cent by 2030. The proposal has been assessed by the Office of Best Practice Regulation (OBPR) as likely to have a widespread impact on the economy. The Energy White Paper was developed by the Department of Industry and Science. The Department of Industry and Science has certified the Energy White Paper as meeting the requirements of a Regulation Impact Statement. Under the Australian Government Guide to Regulation, the OBPR does not assess independent reviews. The OBPR has agreed to nil regulatory costs. The process undertaken by the Department is consistent with best practice.
