From the AFR:
Nationals Leader Warren Truss and deputy Barnaby Joyce are due to announce full details of a deal after Question Time on Tuesday, which sees major wins for the Nationals, including an about face on the effects test in competition legislation.
But Nationals sources have told the Financial Review that central to the agreement is a commitment to “no carbon tax, and no emissions trading scheme” for the life of his prime ministership. There is also a commitment that Mr Turnbull will take the already announced targets for emissions reduction to Paris climate change talks.
A dreadful start for PM Turnbull. He has just committed to wrecking the Budget via carbon mitigation. Carbon pricing is the only model for ensuring that polluters pay for carbon mitigation instead of tax-payers and as climate change negotiations accelerate that will become necessary.
Abbott lite ain’t going to cut it.