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.
Vienna waltz – Labor sidesteps on Vienna declaration cuts * WA Parliament passes waste legislation and geothermal amendments * Greg Hunt to take on Wong and Garrett * ABARE says climate change could lead to 19% decline in agriculture productivity * EPA Victoria issues air protocol for mining * WA regulator proposes overhaul of water and wastewater sector * Mothballed Mobil refinery to be home to Adelaide's desal plant * Cleaner coal – union urges faster action and more cash * Co-firing with coal set to be an early beneficiary of Labor's MRET * Strong support for mandatory sustainability reporting * Greywater now main garden water source for 15% of homes
Exactly what did Labor say it would do, how much will it spend and when will it spend it? CE Daily went through Labor's policy documents and statements with a fine-tooth comb and brings you a concise, comprehensive summary of the incoming government's commitments on climate change, water and cleaner coal.