The Albanese government will dedicate $1 billion in subsidies, grants and other forms of support to the domestic production of solar panels, including in the coal-rich Hunter Valley.As part of a budget package that will attempt to rival the Biden administration’s Inflation Reduction Act, the prime minister will unveil his latest policy on Thursday at the site of the decommissioned coal-fired Liddell power station in NSW.
He argued that if Australia were to become a renewable energy superpower, “the government has to be a partner in this, not just an observer”.Two weeks ago, he pledged an $840 million package of loans and grants to help Gina Rinehart-backed Arafura Rare Earths develop its Northern Territory mine and refinery.Thursday’s announcement of a $1 billion investment in the Solar Sunshot program “will supercharge Australia’s ambition to become a renewable energy superpower at home and abroad”, the prime minister contended.
https://www.copyright link/politics/federal/pm-pours-1b-into-solar-panel-manufacturing-20240321-p5fe45#:~:text=The%20Albanese%20government%20will%20dedicate,the%20coal%2Drich%20Hunter%20Valley.
- Forums
- Political Debate
- PM pours $1b into solar panel manufacturing
The Albanese government will dedicate $1 billion in subsidies,...
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online