Clive Palmer is meeting Tony Abbott for breakfast to discuss the MP's conditions for supporting the prime minister's bid to axe the carbon tax.
The Palmer United Party Senate team will back the repeal of the tax only if legal guarantees are in place to ensure energy companies pass on savings to consumers.
The PUP also wants a new emissions trading scheme drafted with a zero-dollar starting price, plus the retention of key climate bodies.
Mr Abbott came to office in September 2013 promising to abolish Labor's carbon tax and replace it with a $2.5 billion Direct Action plan, but from July 1 will need the support of six out of eight crossbench senators to pass the repeal and abolish climate-related bodies.
Mr Palmer will support the repeal, with conditions.
He wants to axe the Direct Action plan while his ETS would be activated only when Australia's global trading partners enact a carbon price.
The PUP will oppose the abolition of the Clean Energy Finance Corporation and the Climate Change Authority and allow the renewable energy target to continue until at least 2016.
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