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One suggestion for funding the structure is to place a levy on imports from Mexico.
The resources minister, Matt Canavan, claimed the plan sounded "like a thought bubble" which lacked costings and questioned whether Labor planned to place a levy on petrol prices to pay for the new operation.
Starting next year, Prime Minister Justin Trudeau's government will introduce a national 'fee and dividend' scheme that will place a levy on the carbon emissions of fuels and other products, but then refund the money to individuals and companies through tax rebates.
He emphasised the sensible measures the government and regulators have already put in place: a levy on banks' risky borrowing that should raise £2.5 billion ($3.9 billion) a year, and tough new rules to ensure most bonus payments are deferred, to encourage longer-term decision-making (though Mr Osborne is keen to take the credit for the latter, they were actually written by European regulators).
The government also needs to put in place a levy mechanism, whereby a small percentage of income from Cordyceps is invested in grassland renovation.
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In 2010 the island placed a levy on firms that sell products to parent companies on the mainland.
Placing a levy on tobacco companies to fund such work is a win-win – saving both money and lives".
The celebrity chef Jamie Oliver has pleaded with the Australian government to "pull your finger out" and follow Britain's lead in placing a levy on sugary drinks.
At a briefing on the damage of saturated fat in London, Prof Naveed Sattar, of the University of Glasgow, said a similar scheme to the recent sugar tax - which placed a levy on sweet drinks - could help people cut down on their intake of fat.
Another feature of the Senate bill would be to make changes to the estate tax, a levy placed only on very large estates when they're inherited from their deceased owner.
Mr Pickles said there would still be a "tally and a levy" in place after the first year and said he did not expect a significant change in the estimated £2.5bn of rates which was currently transferred from the south of England to the north.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com