"Mr Hunt says the Coalition's new $2.5 billion Emissions Reduction Fund (ERF), which is slated to begin July 1 but is yet to pass Parliament, will also address emissions from power stations.The ERF will award funding through reverse auctions to "practical" programs that aim to cut emissions, but will not mandate which facilities are involved. "
- See more at: http://www.australiaplus.com/international/2014-06-03/tony-abbott-welcomes-barack-obamas-plan-to-slash-power-carbon-emissions-by-30-per-cent-likens-measur/1321354#sthash.z8o7Gqxp.dpuf
