Green Bonanza Beckons for Victoria
Source: Victoria. Minister for Trade and Industry. Media Release
"Victorian industry has the potential to benefit from up to $25 billion of greenhouse opportunities identified in a report released by the Minister for Industry and Trade, Martin Pakula. Mr Pakula said the first phase of the Allen Consulting Group’s report Victoria’s Greenhouse Opportunity Set: New Growth Prospects in a Carbon Constrained World identified economic potential over the next two decades including:
$4.6 billion in water infrastructure and technology;
$2.25 billion in green building and construction services; and
$3.3 billion in energy storage and technology.
“The Brumby Government is committed to taking action now to protect the job of every Victorian,” he said. We commissioned this report to assess future commercial opportunities arising from climate change and the ability of Victorian industry to capitalise on them."