Nearest category to Climate Change listed is Environment, which leads to :
- Investment in renewables has been slashed with the abolition of the Australian Renewable Energy Agency, which was set up to drive research and investment. This will save the Government $1.3 billion.
- The Government’s $2.55 billion commitment to funding its Emissions Reduction Fund (direct action policy) will now be spread out over 10 years, as opposed to the four years previously promised.
- The previous government’s Carbon Capture and Storage program will lose $460 million over three years.
- The budget outlines $525 million in funding for its Green Army initiative, however, this is offset by a $438 million loss to Landcare, whose community groups currently do a similar job to what the Green Army will do.
Can’t get any more outrageous than cutting “essential” CCS, congrats to Coal-ition!!!!