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Showing 1 - 10 of 26 results for taxpayer

Canberra's new plan a winner for investors

ROSE MARY PETRASS  |  MONDAY, 15 APR 2024  |  NEWS
... structuring their economies." The industrial policy is a large-scale economic intervention that will channel billions of taxpayer dollars into this "new economic reality" and forms part of Australia's response to the US's $1 trillion Inflation ...

Podcast: Speaking truth to power on climate finance

RACHEL ALEMBAKIS  |  MONDAY, 5 FEB 2024  |  NEWS
... emissions analyst at think tank Climate Energy Finance. Recently, Climate Energy Finance analysed the utility of using taxpayer fund to keep Australia's biggest coal power plant open beyond its planned closure date in 2025, and concluded it was unnecesary ...

BlueScope receives funding for lower emissions project

RACHEL ALEMBAKIS  |  THURSDAY, 1 FEB 2024  |  NEWS
... ambitious and targeted incentives are needed here to accelerate the pivot away from high-carbon intensity steel production. Taxpayer support for a new blast furnace does not achieve this." The Climate Capital Forum features a network of investors, decarbonising ...

NSW can achieve electricity reliability without coal

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
There is no need to use taxpayer fund to keep Australia's biggest coal power plant open beyond its planned closure date in 2025 as the state of NSW has made "massive progress" on new renewable energy and battery capacity, according to think tank Climate ...

COP28: Australia signs Glasgow statement to end public finance for fossil fuels

ROSE MARY PETRASS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
Australia has joined 40 other countries to end international public investment in fossil fuels, as the first week of COP28 saw new agreements regarding financing net zero as well as a focus on the role of Indigenous Peoples in climate stewardship. The ...

New code of practice to mitigate slavery risks in renewables

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
The NSW Anti-Slavery Commission and the Clean Energy Council (CEC) are developing a code of practice to help identify modern slavery risks in renewable energy supply chains. Reliance on materials and components associated with forced labour and other ...

Sustainable finance heavyweight to chair National Reconstruction Fund board

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
Sustainable finance expert and cofounder of Pollination Group Martijn Wilder will be the inaugural chair of the $15 billion National Reconstruction Fund (NRF) board. The NRF will invest in manufacturing projects cross seven priority investment areas ...

CEFC allocated additional $8.6 billion in budget

RACHEL ALEMBAKIS  |  TUESDAY, 1 NOV 2022  |  NEWS
The federal government has injected an additional $8.6 billion into the Clean Energy Finance Corporation (CEFC) as part of the federal budget. The new funding will be the first new allocation to the CEFC since its inception 10 years ago, and comes as ...

New fossil fuel exploration acreage released

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021  |  NEWS
... meanwhile back at home the Morrison government is inviting fossil fuel companies to exploit new gas fields and wasting taxpayer money on polluting energy sources," Climate Council acting chief executive Martin Rice said. "The decision to open up new ...

FY22 budget proposes "technology not taxes" for climate change

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 MAY 2021  |  NEWS
... been put off at least for now. "Australia needs carbon market reforms to guide investments so business rather than the taxpayer becomes the primary driver in emission reductions." Frydenberg also announced nearly $60 million in new funding to support ...
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