$29.5 MILLION IN GRANTS TO CUT OFFICE EMISSIONS

The Rudd Government today announced 89 projects totalling $29.5 million from the first two rounds of its Green Building Fund program – to help commercial office buildings reduce their energy consumption and greenhouse gas emissions.

“We predict that these projects will cut greenhouse gas emissions by almost 65,000 tonnes every year," said Innovation Minister, Senator Kim Carr.

“Not only is this great news for the environment, it is great news for the economy because these grants will support a total investment of $96.8 million to retro-fit the buildings.

"That means we are creating jobs now, to equip the offices of the future.

“Reducing greenhouse emissions means an increase in energy efficiency and real savings for business in tough economic times.

“I encourage other businesses to apply for future rounds.”

Successful projects announced today include:

• upgrades of heating, ventilating and air conditioning (new chillers, variable speed drives, etc.),
• installation or replacement of Building Management Systems,
• installation of wind turbines and solar panels,
• replacement of glazing,
• replacement of base building lighting, and
• installation of external shading.

The next round of the program will close on 30 June 2009.

“The Rudd Government recognises that climate change is one of the greatest challenges we face,” Senator Carr said.

“Part of our response to this challenge is the $240 million Clean Business Australia initiative – in which the $90 million Green Building Fund plays a pivotal role."

Further information on the Green Building Fund is available at www.ausindustry.gov.au or by calling 13 28 46.

A list of grant recipients can be found below.

Media contacts:  Patrick Pantano, Minister's Office, 0417 181 936
                           Paul Sexton, Department, 0419 313 552



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