Greens win renewable energy fund for petrol tax exemption

It is understood the Greens have negotiated a fund to invest in renewable energy which will be paid for from the proceeds of pricing carbon and worth up to $2 billion a year.

via businessday.com.au

$2 billion a year may start the ball rolling if it is allocated to the right place. Big business has shown no interest in devoting R&D funds to the creation of an environmentally sustainable economy. Indeed, historically they have actively worked against this outcome. So, government has to step in. All the laissez-faire, free-market, neo-con, myth-making capitalists are squirming in their boots and grasping at straws to try to maintain a status quo that allows them to keep their priveledges. Perhaps these are signs that they will eventually be dragged, kicking and screeming, into the sustainable future.
But they still won't admit they are wrong.