The Coalition party room had backed Malcolm Turnbull’s stand on the Carbon Pollution Reduction Scheme (CPRS) legislation negotiated with the government.

The negotiated changes include:

-        reduction in assistance for low income earners of $5.8bn to $48.5bn;

-         extra assistance for emission intensive sectors exposed to international trade, plus $1.3bn;

-        assistance to the dirtiest coal mines doubled to $1.5bn;

-        assistance for electricity generators raised by $4bn to $7.3bn;

-        assistance to the mining and agriculture sectors to deal with higher energy costs raised by $800m to $1.1bn;

-        agriculture permanently excluded from the emissions trading scheme, compared to the previous 2013 limit;

-        $610m in new money for the LNG industry;

-        voluntary action is to be counted towards a lower emissions cap and this gets $330m in new money; and

-        the food processing industry, particularly diary, meat and malt processing, will maintain its $150m to help pay for emissions reductions.

Prime Minister Kevin Rudd has described the new package as “credible and responsible,” while climate groups have criticised the countless concessions to industry.

The CPRS is now expected to be voted and agreed on by the end of this, or next week.