emission reduction fund

the coalition has told china it ‘is supporting low and zero emissions transport options in a number of ways’

Australia quizzed by EU and China on whether it can meet 2030 Paris climate target

It has asked whether Australia considers its emissions profile, which has seen pollution rise since the repeal of the carbon price, to be “on a structural path of decrease in line with its commitments”. It has also flagged fossil fuel exports and asked whether they are sustainable “in the context of Paris agreement”.

the carbon brief profile: australia

The Carbon Brief Profile: Australia

Australia had the world’s 15th largest greenhouse gas emissions in 2015 and its citizens’ per-capita contribution is around three times the global average. It is the world’s second largest coal exporter and recently became the top exporter of liquified natural gas (LNG). Its electricity system remains heavily reliant on coal, despite ramping up the use of gas and renewables, especially rooftop solar.

emissions from a coal fired power station

Budget 2019: Coalition cuts climate solutions fund by $70m a year

The $2bn promised for Australia’s greenhouse gas abatement projects will be spread over 15 years, not 10, Tuesday’s budget revealed. The Coalition plans to spend its $2bn “climate solutions fund” over 15 years, not 10, as promised when it unveiled the rebadged emissions reduction policy in February.

australia is the only developed country that allows climate funding to go to coal plants

Questions raised over how $1bn of emissions funding have been allocated

Scott Morrison recently announced the Coalition would inject another $2bn into the emissions reduction fund – the Tony Abbott-era “direct action” policy that pays farmers and businesses from the budget to reduce greenhouse gas – but serious questions have emerged about $1bn already allocated.

national emissions have increased each year since the emissions reduction fund replaced the abolished carbon price scheme in 2014

Out on its own: Australia the only country to use climate funding to upgrade coal-fired plants

Experts say allowing Vales Point coal-fired power station to register with the Morrison government’s emissions reduction fund, rebadged this week as a “climate solutions” policy, puts Australia out of step with the World Bank, Europe and the US, which have all rejected using climate financing for coal power retrofits.

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