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Australia: Climate Change Authority questions efficiency & effectiveness of Emissions Reduction Fund

2014-12-22 22:11:00| Climate Ark Climate Change & Global Warming Newsfeed

Sydney Morning Herald: The government's Climate Change Authority has questioned the efficiency and effectiveness of the Emissions Reduction Fund, the centre piece of the Coalition's controversial "Direct Action" climate policy, and says the scheme is unlikely to deliver on long-standing emissions reduction targets. The authority, charged with providing independent advice on climate-change policy, warned the Emissions Reduction Fund (ERF) risked paying large amounts to polluters for emission reductions that would have...

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