Sky News Political Editor Andrew Clennell says there is a view in the senior ranks of the government that there is more on the table for the Nationals than another cabinet spot and a productivity commission review of the net zero target.

“It has been speculated that changes to the EPBC Act governing environmental laws could occur, through regulation,” Mr Clennell said.

“There was a letter from the PM to the Nationals with certain promises.

“The PM yesterday mentioned $20 billion worth of spending by 2030 for projects in the regions, such as hydrogen and carbon capture, but that is funding already committed. Scott Morrison pretty cagey on some aspects of this, including the modelling underpinning the assumptions contained in The Australian Way plan.

“A Senate Estimates Committee heard this morning it is not Treasury modelling, it is modelling for Energy Minister Angus Taylor’s department, assisted by Mr Taylor’s old firm McKinsey. I am told the modelling around this will not be released for another two weeks. Not the best distraction to the announcement.

“Nevertheless, Scott Morrison has his net zero plan to take to Glasgow with Nationals approval. A win, although one minister did remark to me that it was just a continuation of the current policy of government essentially, and it was crazy that Barnaby Joyce, Bridget McKenzie and co had threatened to blow the show up as a result.”

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