Abbott could spend $2bill less to achieve  the emissions reduction target of 19% set for 2020. It would boost our chances of achieving the 5% cut in  emissions on the levels of 2000.  We could  buy International credits for 20% of the $2.5bill allocated to Direct Action. The Business Council of Australia & The Australian Industry Group support it.  However our Rhodes Scholar PM back in 2011 was known to have said ” money shouldn’t be going off shore into dodgy carbon farms”.
The Climate Change Authority ,which Abbott wants to axe, says meeting the targets with only domestic action is too expensive when there is a flood cheap international permits about. After all “Australia is open for business” and business is a two way street. Why not trade.
Is he really going to override the UN  & cut down 74,000 hectares of trees in Tasmania and then replace them and call the result Direct Action ? Wouldn’t it be cheaper to leave them all alone after all he didn’t support the car industry.