Australian government’s own data shows that its greenhouse gas emissions policy is failing
 Australia’s Emissions Reduction Fund is failing to deliver, government data shows, ABC News
Key points:
The Emissions Reduction Fund also appears to be failing in its mission to lower emissions, Government data shows. In 2014, the Abbott government allocated $2.55 billion to the newly established Emissions Reduction Fund, mostly to pay polluters to emit less greenhouse gas. The Morrison Government has extended the program with an additional $2 billion and rebranded it the Climate Solutions Fund. Twice a year, the Clean Energy Regulator holds reverse auctions, where companies bid to win the emissions reduction work. The cheapest good-quality bids win and are awarded Emissions Reduction Fund contracts. Those contracts are for a range of projects, including planting trees, stopping tree-clearing and installing energy efficient appliances. Data shows flatlining of emissions reductionThe ABC examined figures from 10 different datasets published by the Government’s Clean Energy Regulator — a series of auction results published in separate PDFs, as well as two spreadsheets containing information about the status of Emissions Reduction Fund contracts and projects…….. https://www.abc.net.au/news/2019-06-17/australian-emissions-reduction-fund-data-analysis/11164476 |
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