Coalition to cut climate schemes

Although it remains uncertain whether prime minister-elect Tony Abbott will manage to repeal the carbon tax before Labor and the Greens lose control of the Senate in July 2014, the new coalition government is moving ahead aggressively with other climate change schemes.

According to The Australian, the coalition has instructed bureaucrats to draft a plan to consolidate 33 climate change schemes currently spread across seven departments and eight agencies into three bodies run by two departments.

Under the plan, all climate programs will be run under the Department of the Environment and the Department of Resources and Energy, with the coalition expecting to see $7 million in savings this financial year and $13 million in each of the next three years, The Australian reported.

The Climate Change Authority, the Climate Commission and the Clean Energy Finance Corporation are scheduled to be abolished as part of the plan.