Abbott’s budget and abatement black hole

The Coalition has a massive budget and/or carbon abatement black hole from its Direct Action climate change policy. The entire costings for the policy hinge on estimates of abatement from soil carbon that are woefully researched.

The Coalition still intends to repeal Labor’s carbon price and Clean Energy Future. Their alternative is ‘Direct Action’, more aptly named ‘soil magic’ as its budget costings critically depend on getting 60% of its emission reductions through increasing the amounts of carbon in agricultural soils. 

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