Dynamic Business

The Australian Conservation Foundation has commended the Federal Government for providing strong funding for solar and public transport in the Budget, with a push towards a greener economy.

ACF executive director Don Henry has applauded the Government for taking steps towards a “clean energy and clean transport future.”

“The $1.46 billion of new money (allocated in the Budget) over six years for solar and $4.6 billion for urban public transport will be good for the planet, good for cities and good for jobs.”

However, the $2 billion allocated in the Budget over nine years for carbon capture and storage research is not money well spent, says Henry.

Henry said that a strong “green stimulus” at a time of economic downturn is crucial for creating the low-carbon economy jobs of the future.”

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