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"DIRECT ACTION is often perceived as an exercise in keeping up appearances: a fig-leaf policy from a government that has expressed little enthusiasm for serious action on climate change. But with the possible neutering of the Renewable Energy Target, Direct Action subsidies are set to be the main pillar of Australia's climate change mitigation effort as well as a new drain on our scarce fiscal resources."

"Tony Abbott is facing growing discontent among his colleagues about his $3.2 billion Direct Action plan to combat climate change, a policy once described by Malcolm Turnbull as rubbish. Liberal MPs Mal Washer and Dennis Jensen say the Coalition should review or consider abandoning parts of the policy in the light of ''dire economic circumstances''."

"Can "direct action" cut Australia's carbon emissions for the price Tony Abbott says it can? Climate change minister Mark Butler says not. Last week he welcomed "new independent modelling", which he said showed the Coalition's policy would "cost billions of dollars more than Tony Abbott claims and has no chance of meeting Australia's emissions reduction target"."

"It is a sad indictment of our political system that, nearly a decade after identifying the problem, we are essentially back to the drawing board on an effective solution to climate change. All sides can share the blame."

The results of the government's first reverse auction of carbon-cutting projects have been released. Where is the money going? The government will spend A$660 of its A$2.55 billion Emissions Reduction Fund on contracts set to reduce emissions by some 447 million tonnes, more than half of it in "carbon farming" projects to lock up carbon in vegetation. Federal environment minister Greg Hunt described the outcome as a "stunning result" for Australia, pointing out that the average price of A$13.95 per tonne of carbon is cheaper than the previous government's carbon pricing scheme. But critics have pointed to the lack of involvement so far from industry sectors that were covered by the previous carbon tax, and the fact that the new scheme is paid for by taxpayers rather than the businesses creating the pollution. Here are the numbers:"