Economics of Climate - Liberal Policy costings fail!

Yesterday the Climate Institute released a report undertaken by SKM-MMA and Monash University Centre for Policy Studies on the cost of the Coalition's Climate Policy. This report outlined a black hole of A$4 billion using the Coalitions Direct Action to combat Climate Change.
Setting aside whether the modelling done by the above groups is accurate, partially accurate or even if you believe its a complete fiction, one has to ask where and how the Federal Coalition will get the money to pay the big polluters to, pretty please, reduce their carbon emissions.

Coalition Climate Policy Report

The Conversation also has addressed the problem today.

When the recent Federal Labor party dropped its policy of paying owners to decommission old Coal Fired Power Station (which used to belong to us, the Victorian people a decade or so ago), there was a deep sigh of relief in our household.
It seemed incongruous, in a party who supposedly stood up for equity and working people, progressive social and environmental policies to be paying big business off.

Now we may have the Federal Liberal Party, who bats for individual choice, free markets and the ability of the rich to control even more of the common wealth pool, about to do the paying are we seriously expecting big business to do anything other than take our money (rent-seeking) and then do whatever they think is best for their bottom line and shareholders?? See this article by the Climate Spectator.

We just need to look at how well the free markets and big business in the car industry have managed to be innovative, cut costs and manage their business to make money and jobs for Australians.

The Climate Commission's infographic says it all and we are like the Ostrich sticking its head in the sand.
Roll on Election Day and the Government we deserve to have.