environment minister greg hunt the coalition's emissions reduction fund, at $13.95 per tonne of carbon, is around 1 per cent of the cost of reducing carbon under the former labor government's carbon pricing scheme, which he cost $1,300 a tonne.
environment minister greg hunt the coalition's emissions reduction fund, at $13.95 per tonne of carbon, is around 1 per cent of the cost of reducing carbon under the former labor government's carbon pricing scheme, which he cost $1,300 a tonne.
carbon pollution reduction scheme:23
the system aims at achieving the environmental outcome of reducing greenhouse gas emissions, the idea being that capping emissions creates a price for carbon and the ability to trade ensures that emissions are reduced at the lowest possible price (department of climate change, 2008, 12).