The Net Zero Economy Authority’s role in coordinating net-zero industry policy will include investment referrals to the National Reconstruction Fund Corporation, according to a new bill.
Tabled by Assistant Minister to the Prime Minister, Patrick Gorman, on Wednesday, the bill outlines the functions of the incoming authority in facilitating net-zero industry investments and reducing the impact of fossil fuel power plant closure on workers.
One of its key functions is to “promote coordination and consistency in the design and implementation of Australian government policies, programs and plans”, according to the bill.
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