Australian Government reaches deal to enact Direct Action climate policy

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SYDNEY — The Abbott government reached an agreement on Wednesday with the Palmer United Party and other crossbench senators that will see the implementation of its Direct Action climate policy.

The government's flagship environmental policy is expected to cost $2.5 billion over the next four years. Under the scheme, polluters will be paid grants as an incentive to reduce carbon emissions

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"Two big things occur," Environment Minister Greg Hunt told the media in Canberra. "One, we protect existing projects. Two, we provide opportunities for farmers and small businesses to improve their soil, to reduce emissions, for Australians to participate in energy efficiency on a grand scale." Read more...

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