The Australian Parliament has today passed legislation to implement the $2.55 billion Emissions Reduction Fund – the centrepiece of the Government’s policy to cut domestic emissions.
The Senate passed the ERF with amendments earlier this month, and today these have been passed by the House of Representatives.
We have delivered on our promise to the Australian people to scrap the carbon tax and tackle climate change without inflicting pain on Australian families and businesses.
We’re providing positive incentives for businesses and organisations to cut emissions.
Labor on the other hand, wants to punish Australians for going about their everyday lives.
We will achieve emissions reductions that are real and significant. This is because payment for abatement will only be made when emissions reductions are actually delivered.
Australia will meet its emissions reduction target of five per cent below 2000 levels by 2020.
Bill Shorten remains absolutely determined to reintroduce the carbon tax – with Julia Gillard’s blessing.
Bill Shorten is determined to inflict a level of pain on Australian families not experienced anywhere else in the world.
In its last year of operation, the carbon tax was a $7.6 billion hit on the Australian economy.
The Government is serious about tackling climate change and the implementation of the Emissions Reduction Fund will have a significant impact on reducing Australia’s emissions.