Greg Combet (Charlton, Australian Labor Party, Minister for Climate Change and Energy Efficiency) Share this | Hansard source

The answer to the honourable member's question is as follows:

Analysis and modelling has been undertaken to determine the impact of the Home Insulation Program on Australia’s greenhouse gas emissions as part of the 2010 emissions projections. The results of the modelling were released in the report Australia’s Emissions Projections on 9 February 2011. This modelling was undertaken by SKM-MMA and ACIL Tasman. The modelling and analysis estimated that the program will reduce emissions by 2.4 megatonnes of carbon dioxide equivalent (Mt CO2-e) in 2010-11, coinciding with the first full year of benefits to the 1.2 million homes insulated, and will result in cumulative emissions reductions of more than 14 Mt CO2-e in the period to 2020.

Modelling and analysis of the impact of the Green Loans program on greenhouse gas emissions has not yet been undertaken, pending the completion of an evaluation of the program’s outcomes.

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