SIMON COURT (ACT): Thank you, Madam Speaker. The ACT Party was opposed to this bill at select committee because we believe that, essentially, the emissions trading scheme (ETS) as it's written is broken. A market system like the ETS can establish controls on price or the quantity of units, but what the Government has set out to do through the legislative system is to do both. That is why it is broken, and that is why ACT would not support this at select committee. 