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Asked by
Scott Willis
List MP · Green Party
Question
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What, if any, was the total amount invested through the Government Investment in Decarbonising Industry Fund before being discontinued and what were the projected energy cost savings to industry through this investment?
Answered by
Hon Simon Watts
Member for North Shore · National Party · Minister for Energy
Answer
EECA: When the decision was made to discontinue the Government Investment in Decarbonising Industry Fund, the total amount of Government funds invested into decarbonisation projects under the programme was $355,231,820.27. The Government Investment in Decarbonising Industry Fund was designed to achieve carbon emissions abatement. Accordingly, EECA does not hold information about the industry projected energy cost savings that could have occurred from this investment.