There may be no new money for green initiatives in today's Budget, the Australian Greens warned today.

"The Greens are all for recycling, but the Government can't claim greenie points for reallocating money they failed to spend over the last year," said Australian Greens Deputy Leader, Senator Christine Milne.

The 'leaked' green initiatives in today's Budget are re-announcements of old initiatives. The green loans scheme was announced in last year's Budget but was not implemented. The re-announcement appears to be a downgrading of the scheme.

The $1 billion 'clean energy' spend is almost certain to be a re-announcement of last year's unspent allocation.

"The green loans scheme announced last year has been a complete mess, with key ministers and bureaucrats unable to answer the simplest questions about how it will operate in Senate Estimates hearings.

"If the loans scheme goes ahead now in a weaker form, it will be better than nothing, but the Government really needs to get moving properly on household energy efficiency. The Greens' proposed Energy Efficiency Access and Savings Initiative (EASI) to roll out efficiency upgrades across the country is where they should start.

"Big ticket spending on one or two major renewable energy projects is one part of the solution, but adopting a renewable energy feed-in tariff would reduce emissions much more and create far more jobs for far less money."