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.
The Coalition's climate policy includes $125 million for hot dry rocks and sequestration projects and research, while its urban water policy promises to draw 'to the extent possible' on permit auction revenue to fund innovative urban water infrastructure. Meanwhile, Labor says it will target large, industrial water users.
Australia needs a carbon price of at least A$45 a tonne to trigger large-scale investment in cleaner coal technologies, according to Ralph Hillman, head of the Australian Coal Association.