The Minerals Council and the Climate Institute agree that cuts to carbon capture and storage funding are a bad move, but have very different views on what the Budget means for carbon pricing. Plus other Budget reactions.
Shadow Climate Change Minister Greg Hunt has praised Low Carbon Australia and a Victorian building retrofit scheme, while confirming that a Coalition Government would abolish the $800 million Clean Technology Investment Program (with link to video).
Recent Jobs & Competitiveness reclassifications that provide greater federal assistance for an Alcoa facility, two Orica sites and Illawarra Coke will also reduce NSW energy efficiency program costs for the companies.