Coalition's $2.55bn emissions reduction fund could run out next year – analysts

The direct action fund is expected to reduce greenhouse gas emissions by just 11% by 2025, far less than the expected target the government is soon to unveil

The Coalition's emissions reduction fund is likely to cut Australia's greenhouse gases by about 11% by 2025, far less than the expected target the government is soon to unveil, according to a new analysis.

The $2.55bn in the emissions reduction fund, the centrepiece of the Coalition's direct action climate plan, could be exhausted within 18 months, rendering the policy toothless unless further money is committed, energy market analysts RepuTex said.