claim: Environment Minister Greg Hunt the Coalition's emissions reduction fund, at $13.95 per tonne of carbon, is around 1 per cent of the cost of reducing carbon under the former Labor government's carbon pricing scheme, which he cost $1,300 a tonne.
evidence: According to the Environmental Defense Fund, cap-and-trade is the most environmentally and economically sensible approach to controlling greenhouse gas emissions, the primary cause of global warming, because it sets a limit on emissions, and the trading encourages companies to innovate in order to emit less.