The Albanese Labor government has introduced a law to set up a Net Zero Authority in Australia to support the country’s transition to net zerov.
The Labor government is pumping $189.3 million (US123.5 million) of taxpayer funds into the initiative to resource the authority.
The Net Zero Economy Authority Bill 2024 (pdf) aims to promote an “orderly and positive economic transformation” as the “world decarbonises.”
Mr. Albanese said the Net Zero Economy Authority will play a role in one of the most significant economic events in Australia’s history and position the country as a renewable energy superpower.
“We are home to every metal and critical mineral essential to net zero. Our workforce is skilled and valued, our safety standards are the highest in the world and we have a proven track record as a reliable producer and exporter of energy and resources,” Mr. Albanese said....
↧