Tag: Inflation Reduction Act

Govt urged to create $100bn IRA response package

Posted on   |  by Brandon How
A group of investors, environmentalists and unions are calling on the federal government to create a green industries support package worth at least $100 billion to respond to the...

Australia must respond to our changed strategic circumstances

Posted on   |  by James Riley
The landmark National Reconstruction Fund is a significant achievement for the Albanese government. But since it was unveiled, the goalposts have shifted dramatically and it is no longer enough....

Productivity Commission doubts battery industry competitiveness

Posted on   |  by Brandon How
Australia is unlikely to have a comparative advantage in exporting locally made batteries according to the Productivity Commission’s latest report, as it warns against adopting the “old-school protectionism” growing...

Batteries now worth $17bn to the economy by 2030: FBICRC

Posted on   |  by Brandon How
The Future Battery Industries Cooperative Research Centre has more than doubled its 2030 forecast for the value of a diversified battery industry to the Australian economy to $16.9 billion,...

Hydrogen strategy will be reviewed in response to IRA

Posted on   |  by Brandon How
Australia’s national hydrogen strategy is set for a review following an agreement by state and federal energy ministers at the first meeting of the Energy and Climate Change Ministerial...

Fortescue to make own electrolysers after joint venture collapses

Posted on   |  by Brandon How
Fortescue will manufacture electrolysers developed in-house at its $114 million production facility being developed in Gladstone following the collapse of its partnership with US-based supplier Plug Power. Although Plug...

Australia cautions US over hydrogen market distortion

Posted on   |  by Brandon How
The Australian government is calling on the United States to make assurances that green hydrogen production tax credits, legislated through the Inflation Reduction Act, will not distort the global...

Sinodinos on Australia’s US critical minerals opportunity

Posted on   |  by Brandon How
The Biden administration’s efforts to support renewables through the landmark Inflation Reduction Act presents a significant critical minerals processing and export opportunity for Australia, according to Arthur Sinodinos, Australia’s...