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

This decision will give us both a greener product and a greener production process. The Geelong engine plant will be retooled to produce a new engine. It will be completely refurbished and modernised. This will increase its energy efficiency and reduce its carbon footprint. The new in-line six-cylinder engine that will be produced at Geelong will meet the strict Euro 4 environmental standards. It will emit half the nitrous oxide, carbon monoxide and hydrocarbons produced by the engine currently made at the plant. It will ensure that many Australians who need a family size car will have an Australian made, fuel efficient, low-emissions option to choose from. It is part of our dual strategy to get better environmental performance and better economy from existing platforms while at the same time accelerating the development of new fuels and power trades.