<
https://reneweconomy.com.au/iea-data-exposes-technology-not-taxes-myth-of-former-morrison-government/>
"Australia’s public funding of the research and development of energy
technologies has continued to lag behind international peers, despite the
former Morrison government claiming it had adopted a ‘technology not taxes’
approach to cutting emissions.
New data published by the International Energy Agency (IEA), shows public
research and development funding was slashed under successive Coalition
governments and a significant proportion of the available funding continued to
flowed to the development of fossil fuel technologies.
According to the data, which was published by the IEA in May, Australia
committed a total of US$307 million in public funding to energy related
research and development, with $104 million of this funding being directed to
fossil fuels.
This amount dwarfed the $31 million in Australian research funding that went
towards renewable energy technologies, and the $75 million provided to
developing new hydrogen innovations.
The data shows energy research funding collapsing under the Coalition
government, following a period of significant increases under the Rudd-Gillard
governments.
In 2013, the final year of the previous Labor government, total energy related
research funding exceeded $800 million, when renewable energy research funding
had exceeded $450 million in 2013, falling by more than 90 per cent to the $31
million figure recorded in 2021."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
