Canberra, Muharram 05, 1436, October 29, 2014, SPA -- Australia's government has reached a compromise with independent senators and a key opposition party to secure support for a A$2.5 billion ($2.2 billion) fund to cut greenhouse gas emissions, Environment Minister Greg Hunt said Wednesday, according to Reuters. The ruling Liberal party has secured backing from the Palmer United Party (PUP) and independent senators Nick Xenophon and John Madigan on a contentious policy issue that brought down the country's two previous prime ministers. "This is a tremendous outcome for the government," Hunt told reporters in Canberra. Under the new Emissions Reduction Fund, designed to allow Australia to meet its target of cutting greenhouse gas emissions to 5 percent below 2000 levels by 2020, the government will pay big polluters to cut their emissions. --SPA 14:42 LOCAL TIME 11:42 GMT www.spa.gov.sa/w
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