Tuesday, October 28, 2014

Direct Action climate policy set to pass as Coalition agrees to amendments

#Energy

Government agrees to Nick Xenophons demand for safeguards scheme and will investigate Clive Palmers dormant emissions trading proposal


The Coalitions $2.5bn Direct Action climate policy appears likely to pass the Senate after the environment minister, Greg Hunt, agreed to minor amendments, but doubts remain about whether it can achieve Australias 2020 emission reduction target and pave the way for deeper long-term cuts.


The government has agreed to independent senator Nick Xenophons demand it move quickly to set up a safeguards scheme to impose penalties on companies that increase their greenhouse emissions but has not committed to any detail.


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