Farmers reject Abbott sums

FARMERS say the Coalition is dramatically underestimating the cost of greenhouse reductions from soil carbon, which makes up 60 per cent of its direct action plan to cut emissions.
Alongside warnings the Coalition could need to pay up to $500 million a year to subsidise power prices, the new estimates raise questions about whether the Opposition Leader, Tony Abbott, could achieve a 5 per cent cut in emissions by 2020 within his capped $10.5 billion budget for the direct action plan.

Read more: http://www.smh.com.au/environment/climate-change/farmers-reject-abbott-sums-20110715-1hi3l.html#ixzz1SGM6cI7D