The orderly passage of this bill ahead of the first of those auctions, on 17 March, is crucial for building trust in the integrity of the process, as well as signalling to business that this House can provide the long-term policy certainty that they are calling for, particularly in the wake of the Climate Change Commission's draft advice. It is in no one's interest to undermine the auctioning process and to allow the secondary markets to be undercut, not least because the greater stability that this bill provides for will encourage investment which will lead to increased productivity and employment opportunities, as well as lower pollution levels. I therefore commend this bill to the House.