Opposition Leader Tony Abbott appears to have won the Nationals' broad support for his climate change policy, removing an obstacle that dogged the leadership of his predecessor, Malcolm Turnbull.
The Australian Financial Review reports that Nationals leader Warren Truss last night briefed his parliamentary colleagues on the package, and party sources said the strategy seemed in line with the party's expectations.
Mr Abbott, who recently toured through rural NSW with the Nationals to look at opportunities to store carbon on farmland, today will reveal how he plans to cut Australia's greenhouse gas emissions by five per cent below 2000 levels by 2020 without resorting to an emissions trading scheme or a carbon tax.
The Liberal leader pledged he would detail the full budgetary impact of the package, which is expected to target energy efficiency and "green carbon" abatement through a mix of subsidies and regulation.