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Govt website - Clean Energy Future - $2 billion per year for investment in clean energy at an industrial scale, and a $3.2 billion fund to support innovation, job creation, research and development for renewables;
- An independent body, the Climate Change Authority (CCA), headed by former Reserve Bank Governor Bernie Fraser, to take the politics out of climate change by setting emission reduction targets for Parliament to approve;
- Funding to close down 2,000 megawatts of coal fired power stations - meaning we can finally close the dirtiest coal fired power stations in the country;
- $1 Billion over six years to help our environment adapt to the impacts of climate change and to reduce our emissions by protecting forests from logging and establishing green corridors for our native wildlife; and
- Lifting Australia’s 2050 emission reduction target from 60% to 80%.