Speech from the Throne

Low Carbon Investment

“The agreement between Labour and the Green Party also provides for up to $1 billion of new investment to be stimulated in low carbon industries by 2020, kick-started by a government-backed Green Investment Fund of $100 million.”

Failed to deliver.

Answers to Written Parliamentary Questions say the Green Investment Fund is looking at a number of opportunities, but the bottom line is this Government hasn’t delivered.

Not a single cent of the Government’s side of the bargain has been invested, which is why not a single dollar of private sector money has been either.