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Tuesday, 14 June 2011
Page: 6034

Home Insulation Program and Green Loans Program

(Question No. 181)

Mr Fletcher asked the Minister for Climate Change and Energy Efficiency, in writing, on 9 February 2011:

In respect of the Home Insulation and Green Loans programs, has an analysis and/or modelling been undertaken by or on behalf of the Government to examine the extent to which these programs (a) would reduce, or (b) have reduced, Australia’s carbon dioxide/greenhouse gas emissions; if so, when and by whom, and will he provide a summary of the findings.

Mr Combet: The answer to the honourable member's question is as follows:

Analysis and modelling has been undertaken to determine the impact of the Home Insulation Program on Australia’s greenhouse gas emissions as part of the 2010 emissions projections. The results of the modelling were released in the report Australia’s Emissions Projections on 9 February 2011. This modelling was undertaken by SKM-MMA and ACIL Tasman. The modelling and analysis estimated that the program will reduce emissions by 2.4 megatonnes of carbon dioxide equivalent (Mt CO2-e) in 2010-11, coinciding with the first full year of benefits to the 1.2 million homes insulated, and will result in cumulative emissions reductions of more than 14 Mt CO2-e in the period to 2020.

Modelling and analysis of the impact of the Green Loans program on greenhouse gas emissions has not yet been undertaken, pending the completion of an evaluation of the program’s outcomes.