Future Made in Australia: $23bn for Biggest Transformation Since Industrial Revolution
Vast array of projects included in sweeping package aimed at boosting domestic manufacturing and speeding up path to net
The Guardian Renewable Energy 11:17 am on May 14, 2024
The 2024 Australian budget allocates $23bn towards a Future Made in Australia initiative to boost the economy, increase renewable energy production, and address climate change. It emphasizes on funding for hydrogen technologies, critical minerals processing, low-carbon liquid fuels manufacturing, quantum computing, and revises Export Finance Australia's rules.
- Investment in Renewable Energy:
- Hydrogen Industry Support:
- Quantum Computing Funding:
- Critical Minerals Development:
- Export Finance Australia's Revised Rules:
https://www.theguardian.com/australia-news/article/2024/may/14/australia-federal-budget-2024-future-made-in-australia-investments-renewables-net-zero-national-interest-framework-small-business-tax-solar-hydrogen-education