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| The Coalition is deferring until after the election its internal reckoning over climate policy. |
Most people who understand how it works – environmentalists,
business leaders, analysts – know the Coalition’s Direct Action policy cannot
meet Australia’s promised long-term greenhouse gas reductions exactly as it
stands. For years Hunt has reassured them – don’t worry, the framework is
there.
The so-called safeguards mechanism within the policy (which
sets emissions “baselines”, or limits, for big polluters) can be tightened so
it becomes a type of emissions trading scheme. The baselines can be gradually
reduced and then companies that can’t meet them forced to buy pollution
permits. But Hunt is keeping quiet about that, playing a long game, waiting for
the cabinet, and his party, to catch up with the scientific and economic
realities of climate change, biding his time until a scheduled “review” next
year.
Read The Guardian
story - “Greg Hunt plays the long game on his glaringly obvious emissions trading scheme.”

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