The Federal Government has announced a $330 million funding boost for clean energy and emissions reduction projects around Australia.
The Powering the Regions Fund is delivering the funding to nine projects as demand for low emissions products grows.
Industries such as cement, alumina, mining, iron and steel processing, chemicals manufacturing and food processing are some of the industries benefitting from the funding.
These projects will also cute 833,000 tonnes of emissions every year, equivalent to taking over a quarter of a million cars off Australian roads.
Minister for Climate Change and Energy Chris Bowen said the grants would future-proof Australia’s heavy industries.
“This $330 million investment in Australia’s hard-to-abate manufacturing and mining facilities is about securing the future of high-quality, low-emissions products made right here,” Bowen said.
“Northern Tasmania, Central Queensland and Western Australia have been industrial powerhouses for generations, and the Albanese Government is ensuring that continues.
“As global markets change rapidly – we’re supporting Australian industry to not only survive but thrive with our world-class products that support regional jobs across the country.”
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