Environment: Deferral of $370 million of funding for the Australian Renewable Energy Agency, while $225.4 million will be deferred and $32.3 million redirected from the biodiversity fund. $58 million in funding for the Clean Technology Program moved to 2017-18.
Source: http://www.theage.com.au/business/federal-budget/budget-2013-winners-and-losers-20130514-2jkli.html#ixzz2TGhpozw1
The tax cuts associated with the carbon trading scheme will be deferred until the estimated carbon price reaches $25.40 a tonne - the current projection has dropped to $12.10
Source: http://www.abc.net.au/news/2013-05-14/budget-2013-winners-and-losers/4689252
"$58 million is deferred" while the price of Carbon is falling and the next-in-line coalition now very quiet on Carbon. So why is this budget good for ESI as per the other thread? Or am I missing something?
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