Abbott government proceeding to slash renewable energy and climate programs

Coalition takes axe to climate programs BY:SID MAHER AND LAUREN WILSON The Australian September 11, 2013 PUBLIC servants are drawing up plans to collapse 33 climate change schemes run by seven departments and eight agencies into just three bodies run by two departments under a substantial rewrite of the administration of carbon abatement schemes under the Coalition.

Coalition climate action spokesman Greg Hunt briefed public servants on the dramatic restructure of the federal climate change bureaucracy before the election was called and yesterday confirmed the Coalition was committed to proceeding with the plan.

Under the simplification, the Department of the Environment and the Department of Resources and Energy will run all of the climate change programs under the Coalition’s direct-action program…….

The changes will see all carbon abatement schemes run by three bodies: the Australian Renewable Energy Agency, which will be overseen by the Department of Resources and Energy; and the Clean Energy Regulator and Low Carbon Australia, which will be run by the Department of the Environment……

The Climate Change Authority, which sets emissions caps, the Climate Commission, which has conducted research into climate change, and the Clean Energy Finance Corporation, which funds renewable technologies, are all slated to be abolished under the plans…… The Coalition will need to legislate to abolish the CEFC, which has amassed a $560m investment portfolio and leveraged $1.6bn in private sector investment. But the bank is understood to be lobbying a Coalition government to utilise its staff and assets as part of its Direct Action scheme, and change its investment mandate so it could work within the framework of the Coalition’s policy.

An Abbott government will need to legislate if it seeks to abolish the Climate Change Authority, which is proceeding with work on a draft report about emissions reductions targets that is due to be completed next month. In the wake of Labor and Greens declarations that they would oppose the abolition of carbon pricing, Mr Abbott said he expected the parliament to “respect the mandate that the new government has”….. http://www.theaustralian.com.au/national-affairs/election-2013/coalition-takes-axe-to-climate-programs/story-fn9qr68y-1226716471498