Kim Carr (Victoria, Australian Labor Party, Minister for Innovation, Industry, Science and Research) Share this | Hansard source

I thank Senator Pratt for her question. The $75 million Retooling for Climate Change program is one of three initiatives under the government’s $240 million Clean Business Australia program, which includes the Green Building Fund and Climate Ready. In September last year the Australian Industry Group found that, while businesses are committing to tackle climate change and other environmental concerns:

Companies clearly need more information on how they can improve sustainable practices, they need a better understanding of an emissions trading scheme, and they need better incentives, particularly for small to medium firms.

Labor is meeting its election commitment to establish Clean Business Australia because we recognise just how important it is for governments to work in partnership with industry to tackle the threat of climate change. Clean Business Australia is part of a broader energy approach. (Time expired)