Reporting that silly $4bn climate funding gaffe

My colleague David Holmes pointed out that the reporting on climate issues has been scant during this election. This could change after today’s release of a report from the Climate Institute, based on modelling from Sinclair Knight Merz/MMA and Monash University’s Centre of Policy Studies. The report found that the coalition’s Direct Action Plan would not achieve its target of 5% reduction in emissions by 2020 unless they spent a further $4.07bn. Based on the coalition’s currently projected expenditure, the report estimated emissions would rise by 9%.