Australia backloads new ERF cash, stretches funding period

Published 12:18 on April 2, 2019  /  Last updated at 23:57 on April 2, 2019  /  Asia Pacific, Australia  /  No Comments

Australia’s A$2 billion ($1.42 bln) top-up of the Emissions Reduction Fund will be allocated over 15 years instead of 10 as previously announced, with less than 10% of that due over the next four years, government budget papers showed Tuesday.

Australia’s A$2 billion ($1.42 bln) top-up of the Emissions Reduction Fund will be allocated over 15 years instead of 10 as previously announced, with less than 10% of that due over the next four years, government budget papers showed Tuesday.

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