Direct Action funding gone missing

The release of the government's mid-year budget numbers was missing something rather important - the funding for its signature climate policy, the Emission Reduction Fund. This was in addition to a range of other major cuts to climate programs.

The government has rather oddly chosen to not reveal the funding it will allocate to the Direct Action Emission Reduction Fund, nor the Million Solar Roofs program in the Mid Year Economic and Fiscal Outlook.

In a move that will raise eyebrows and some degree of suspicion, the budget papers outline that funding for the Emission Reduction Fund has been assigned to the budget’s contingency reserve.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles