Briefing paper

How green is the Green Car Innovation Fund?

3 Jun 2010
Description

The establishment of a $500 million Green Car Innovation Fund (GCIF) was one of a number of climate change policies announced by the then Opposition as part of its 2007 federal election campaign. The GCIF was envisaged to operate for five years from 2011 and would kick-start the production of low-emission and fuel-efficient vehicles in Australia. Climate change was seen as core business for manufacturing and the car industry was the touchstone of Australian manufacturing. The policy imperative for establishing the GCIF did not differentiate between automotive technologies. The Rudd Government welcomed the contest of technologies and embraced innovation in tackling global warming. The industry’s integration in the global supply chain was also an export priority.

Publication Details
Published year only: 
2010
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