Why Direct Action is still a dud - Part 2

Minister Hunt says he's confident Direct Action will easily achieve the government's emissions reduction target. Here's two reasons why he must be smoking something pretty potent to be so confident.

A few days ago in part 1 of the series, I explained that now we’ve seen the White Paper for the Coalition’s Emissions Reduction Fund, it's beyond doubt that it’s a dud. Part 1 explained that this is because the scheme: a) doesn’t have enough budget funding to buy the amount of abatement required to get remotely close to the government’s emission target and b) there’s no stick to drive companies to reduce emissions off their own bat.

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