Climate change plan: thinktank suggests policy both sides of politics can embrace

The Grattan Institute has proposed adapting the Coalition's Direct Action into a bipartisan policy that effectively cuts emissions

A climate change policy that could be both effective, and potentially supported by both major parties, has been proposed by the Grattan Institute in a new report that tries to find a pragmatic solution to the decade of toxic political debates on the issue.

Media reports have emerged suggesting Labor would adopt a policy of opening an inquiry into Australia's energy industry, and shutting down the oldest and dirtiest power stations to lower emissions and create more demand for renewable energy.