This Budget has also seen a huge investment in climate-related activities: $2.1 billion. It quadruples the size of the Green Investment Fund to kick-start low-carbon technologies, with an extra $300 million, and there's been a major commitment in this Budget to recycle the revenue from the emissions trading scheme (ETS) from next year's Budget into green initiatives. That will mean approximately $3 billion can go towards climate action in coming years, and when the Minister for Climate Change, James Shaw, is going to release the climate commission's final recommendations on 9 June, knowing that all this ETS revenue can be invested in climate action, it is really exciting. 