
At a press conference Clive Palmer, Leader of the Palmer United Party, along with climate campaigner former US Vice President Al Gore, announced his party's policies in response to the Government's changes to carbon pricing and clean energy laws. Walking onstage with former US Vice President Al Gore, you could feel this was a momentus occasion for Clive Palmer.
"I'd like to thank him for the productive discussions today. My discussions allowed me to reconsider important considerations for all Australians and the rest of the world." Palmer announced transforming himself into the contradictory personas of both coal baron and climate warrior.
The big announcement was that the block of Palmer United Party senators would vote to abolish the present carbon price and move an amendment for the establishment of a conditional Emissions Trading Scheme with a carbon price rated as zero at the start. The carbon tax repeal is conditional on all energy price savings being passed on to consumers. The Government's Direct Action Plan and Emmissions Reduction Fund was labelled as a waste of money and would not be supported.
Palmer outlined that the PUP voting block would vote against abolition of the Clean Energy Finance Corporation which was established to loan $10 billion over 5 years to companies and organisations to help transition to clean energy through renewable and energy efficiency projects. The Climate Change Authority would also be saved, as well as support for continuing the Renewable Energy Target (RET) until at least 2016, after the next election.