Dex at al, we had a "Green car Innovation Fund", but it was pulled to pay for the Qld floods.
"Green Car Innovation Fund (GCIF)
Status: Closed for applications.
Please Note
On 27 January 2011, the Prime Minister announced the closure of the Green Car Innovation Fund as part of the Government?s saving measures to support the rebuilding of infrastructure damaged by the floods over large areas of eastern Australia.
For further information, please read New Car Plan for A Greener Future - The Journey Continues.
Customers are advised to contact the AusIndustry hotline on 13 28 46 or email [email protected] if they have any questions.
Description: On 24 April 2009 Minister Carr opened the Green Car Innovation Fund for applications.
The GCIF provides assistance to Australian companies for projects that enhance the research and development and commercialisation of Australian technologies that significantly reduce fuel consumption and/or greenhouse gas emissions of passenger motor vehicles.
Grants are provided at a ratio of $1 of government funding for every $3, of eligible expenditure, contributed by the grantee.
Contact: To find out more information, please contact the AusIndustry hotline on 13 28 46 or [email protected]."
So what we have is a situation where flooding, possibly exacerbated by climate change, has resulted in the closing of a programme designed to reduce our emissions that contribute to climate change.
