28 FEBRUARY 2013
Shadow Climate Change Minister Greg Hunt gave one his most expansive talks on Wednesday on how the Direct Action Emission Reduction Fund might work, while at the Australian Alliance to Save Energy Summer Study conference.
Winners of the abatement auction rounds will be awarded contracts providing guaranteed payment rates from government for each tonne of CO2 abatement they deliver. Payment will only be provided on delivery of “measurable and verified” abatement. No payments will be provided prior to delivery of abatement.
Read more here: http://www.businessspectator.com.au/bs.nsf/Article/Coalition-climate-change-Greg-Hunt-carbon-pd20130301-5CVF7?opendocument&src=rss