The Emissions Reduction Fund cannot serve as the foundation for more serious action without completely separating industrial emissions from land sector abatement.
Whoever wins the Federal Election will have no choice but to deal with the beginning of the end of coal. Yet the issue is barely on the political agenda.
The evidence stacks up that investing in coal is not just an environmental disaster but also a fundamentally myopic investment decision.
Despite all evidence telling us to run, not walk, from coal, we still cling to it. Truth is, coal will never clean up its act.