Media Releases

TAYLOR’S DISASTROUS FIRST CLIMATE AUCTION

August 02, 2019

 

The latest Emissions Reduction Fund (ERF) auction proves Scott Morrison, Angus Taylor and the Liberals continue to fail on climate change policy.
 
The disastrous auction dedicated less than $1m to just three emissions reduction projects.
 
Combined, the three projects have only promised to cut emissions by 59,000 tonnes over a decade or just 0.06 per cent of the 100m-tonne cut Scott Morrison claimed his rebadged Abbott climate policy would deliver.  
All Scott Morrison is doing with this policy is pouring $2 billion worth of taxpayers’ money down the drain and appeasing the hard-right of his party room by avoiding real action on climate.
 
As Malcolm Turnbull said, the ERF was never anything but a fiscally irresponsible fig leaf designed to cover a determination to do nothing.
 
The Liberals’ record on climate is:

  • Carbon emissions have been continuously rising since 2014.
  • Government projections show the Liberals will miss the 2020 Kyoto commitment of a 5 per cent cut on 2000 levels.
  • Government projections also show emissions will keep rising all the way to 2030 – missing their inadequate 26 percent 2030 target by 19 per cent.

This failed Abbott climate policy proves that protégé Angus Taylor can’t reduce emissions and won’t tackle climate change.

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