<
https://www.theguardian.com/australia-news/2023/sep/28/anthony-albanese-to-accelerate-transition-to-low-emissions-after-voice-referendum>
"Anthony Albanese has signalled he will do more to accelerate the transition to
low emissions after the Indigenous voice referendum has concluded, declaring
the “right decisions” are needed to ensure Australia emerges a winner in the
global race to renewable energy.
Albanese’s signpost during an interview with Guardian Australia’s politics
podcast comes as the government is working up a policy response to challenges
and opportunities created by the Biden administration’s Inflation Reduction Act
(IRA) before the prime minister’s visit to Washington in late October.
Albanese said: “There is an enormous opportunity for Australia to become a
renewable energy super power.” Asked if he intended to pursue new policy
commitments, Albanese replied: “Yes … you’ll see more next week, you’ll see
more next month.”
There has been speculation for some months that Labor is working up a domestic
version of the Biden administration’s IRA. The May budget allocated $5.6m for
an analysis of “the implications for Australia of intensifying global
competition for clean energy” and flagged new “actions” by the end of 2023 to
“further catalyse clean energy industries, ensure Australian manufacturing
competitiveness and attract capital investment”.
While Australia cannot match the Biden administration’s $520bn policy
intervention,
Guardian Australia understands the government is working up
potential incentives to ensure capital for the clean energy transition remains
in the country rather than chasing attractive investment opportunities in the
United States."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
