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Direct action: Coalition will provide an extra $1bln to emissions reduction fund

Posted on 25 April 2014

Only 130 Australian companies will have any limits set on their greenhouse pollution. The Coalition has confirmed it will provide an additional $1bn to its emissions reduction fund but has also revealed that only 130 Australian companies will have any limitations on their greenhouse pollution after the carbon tax is repealed.
The government will start auctions under its “direct action” climate policy later this year, paying companies or organisations that volunteer to reduce emissions until Australia reaches its emissions reduction target of 5% by 2020………………………………………..Full Article: Source


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