Coalition, Labor climate policies differ

GOVERNMENT V LABOR ON CLIMATE

COALITION

* 26 to 28 per cent emissions reduction target by 2030

* Direct action policy with $2.55 billion fund to pay polluters not to pollute

* Renewable energy target of about 20 per cent by 2020, no longer term plan

* Acknowledgement the world will move towards net zero carbon emissions

* 40 per cent improvement in energy productivity by 2030

* Will review climate policies in 2017.

LABOR

* 45 per cent emissions reduction target by 2030

* Emissions trading scheme in two phases, with details to be nutted out in government if elected

* Emissions trading scheme for electricity sector with an internal carbon market aimed at reducing impact on consumer power prices

* 50 per cent renewable energy goal by 2030

* Achieve net zero carbon emissions by 2050

* Phase out high-polluting coal-fired power stations

* Double energy productivity

* Reduction in land clearing and reintroduce carbon farming initiative.