Direct Action is here, but how will Australia reduce carbon dioxide after 2024
The passage of the Emissions Reduction Fund by the Senate yesterday night has allowed the federal government to take a major step in achieving Australia's target to reduce greenhouse gases emissions to 5% less than 2000 levels by 2020. The Fund for Emissions Reduction will be the centerpiece of the Coalition's Direct Action Plan. This plan will replace the Mechanism for Carbon Pricing that was repealed this July. The two major Australian parties have agreed on a national minimum target to reduce greenhouse gas emissions by 5% below the levels of 2000 by 2020. The Federal Government has adopted the Emissions Reduction Fund as its signature policy...