In an interview on Lateline in October last year, Greg Hunt said that the carbon price “doesn’t work”, “doesn’t do the job” and is “a just hopeless means of achieving the outcome.” The primary scientific agency is the Bureau of Meteorology. 1,700 staff.The CSIRO also backs those up.He then proceeded to cut $10 million from the BoM, with an anticipated loss of 80 jobs next year, and he cut CSIRO’s funding by $111 million over four years, which will result in 500 job cuts at the nation’s peak scientific organisation.

While the cost of living increase may have slowed, two new studies show that brown coal and black coal generation has jumped sharply in the four months since the carbon price was dumped by the Abbott government. The share of coal has gone up from 69.6% of sent out electricity in June to 76.4% in October. Emissions have also jumped sharply,10%

The Government, of course, hasn’t yet put anything out about how the penalties will work or the baselines will work which will be a challenge for the Government and they’re the two, you know, most difficult issues for the Government to deal with. But I guess we’ll get to see what the form of the penalty is going to be.

”Market analysts Reputex suggest the $2.5 billion fund may get Australia about a third of the way to our low 5% target, but not much more.At the start of his prime ministership Tony Abbott said, “We hope to be judged by what we have done rather than by what we have said we would do.Leading carbon market analysts and brokers including Bloomberg New Energy Finance, SKM-MMA and RepuTex suggest that the government has Buckley’s chance of reaching its target of 421 million tonnes with the allocated budget.