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

Innovation is the key to maintaining our living standards in a carbon constrained world. The opposition might have started thinking about climate change this week but the government has been acting on it for two years. In my portfolio, Clean Business Australia has already increased the energy and efficiency of existing businesses and it is stepping up Australian innovation to address climate change. A New Car Plan for a Greener Future has already secured new investments in local production for greener vehicle technologies. When the CPRS legislation is passed, we will roll out a further $1.97 billion climate change action fund to help industry, to help workers and to help communities to adjust to the demands of a carbon constrained world. The fund will support a new innovation in climate change program which will build on the success— (Time expired)