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TRUenergy's carbon cut; Victoria's 'strategic' EPBC bid; Alternative fuels; Mine fine; & more

  • $350m 'carbon price' write-down for TRUenergy power plant
  • No place for alternative fuel mandates, new Federal strategy says
  • Coal mine penalised $117,000
  • Victoria makes EPBC referral justifying 'strategic' alpine grazing
  • Focus $10bn clean energy body on RD&D, not deployment, says ESAA

Labor's first Budget – $342 million for climate programs in 2008-09

It's Labor's first commitment period – with the Rudd government last night setting out where its climate change and environment cash will be spent over 2008-2012. New Budget climate measures will get $341.6 million in 2008-09 and a total of $2.3 billion over 2007-08 to 2011-12.



Meanwhile, Treasurer Wayne Swan says the review of the tax system – due to report by the end of 2009 – will 'look at the role to be played by environmental taxes'.

CE Daily looks at where the money will go and guides you through the maze of Budget papers.


Victoria urges Rudd to match 'green car' funding to emission cuts

The Victorian government says payments under the federal $500 million Green Car Fund could be linked to the abatement potential of funded projects. And it wants cash from the fund to be offered to component suppliers, as well as car makers.



The Brumby government's submission to the Steve Bracks-led review of the automotive industry also calls for measures to boost market demand for greener car technology.



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