Alcoa's Portland aluminium smelter will be guaranteed payments of at least $19.2 million for each of the next four years for providing grid reliability services, as a result of a new underwriting instrument.
A new pilot program will enable farmers who plant native species to generate dual income streams in recognition of the biodiversity and carbon abatement benefits.
Shadow climate minister Chris Bowen says Labor will only support a bill to give the CEFC another $1 billion and change the way it operates if the government agrees to three amendments.
The federal and NSW governments today offered individual grants of up to $5 million to support new processing infrastructure for waste plastic, glass, tyres and paper.