<
https://reneweconomy.com.au/cefcs-debelle-says-trump-energy-leave-means-australia-well-placed-to-lure-us-clean-tech-investment/>
"Australia is becoming a more attractive home for green technology capital as
uncertainty clouds the investment climate in the world’s biggest economy, Clean
Energy Finance Corporation (CEFC) director Guy Debelle says.
The former deputy governor of the Reserve Bank of Australia said Japan and
South Korea were becoming evermore relevant for Australia in an evolving
political climate.
“You see a lot of the big Japanese and Korean industrial conglomerates looking
for opportunities in Australia,” he told
AAP.
Dr Debelle was appointed to the CEFC board in December.
Dr Debelle is due to speak at Climate Action Week on Wednesday at one of the
250-plus community events set to be held in Sydney.
Under the Biden administration, the US began subsidising climate and clean
energy technologies under the multibillion-dollar Inflation Reduction Act,
turbocharging international competition for investment and innovation in the
process.
Dr Debelle said it was hard to see momentum disappearing from US green
industries entirely even with the Trump administration’s moves to freeze
funding under the incentive scheme.
“A fair chunk of the IRA money has already been deployed,” he said.
“And it’s disproportionately in (Republican) districts, and historically
congressman don’t like repealing funding which is generating jobs in their own
districts.”"
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
