<
https://reneweconomy.com.au/the-world-is-changing-labor-targets-solar-and-battery-industries-in-22-billion-green-deal/>
"Federal Labor’s plan to set the Australian economy on a decarbonised “path to
prosperity,” including as part of the booming global solar and battery supply
chains, has been set before parliament with the introduction of the
Future
Made in Australia Bill.
The bill, introduced on Wednesday, seeks to write into law the strategies
guiding the Albanese government’s $22.7 billion push to make the most of the
huge economic opportunities presented by the shift to renewable energy and the
race to curb dangerous climate change.
The broad-ranging legislation takes in the $1.5 billion set aside for
manufacturing clean energy technologies in Australia, including the $1 billion
Solar Sunshot, announced in March, and the $523.2 million Battery Breakthrough
Initiative, both led by Arena.
The Bill would also set in place a national interest framework to oversee what
projects would be funded and ensure those projects produce safe and well paid
jobs, engage with communities, strengthen supply chains and develop skilled and
inclusive workforces.
Independent analysis would be carried out by the federal treasury to determine
which sectors of the economy would benefit the most from investment.
“The government recognises that the best opportunities for Australia and its
people lie at the intersection of industry, energy, resources, skills and our
ability to attract and deploy investment,” prime minister Anthony Albanese and
federal treasurer Jim Chalmers said in a joint statement.
“The
Future Made in Australia package improves our investment environment and
encourages new industries that put us on a path to net zero and strengthen our
economic resilience.”
The proposed legislation comes at a critical juncture in Australia’s energy
debate, with the Albanese government forging ahead with the policies that are
said to have got it elected back in May 2022, while the federal opposition
commits to anything-but-renewables, packaged up as a plan for nuclear power."
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
