A solar farm at Rio Tinto Group's Gudai-Darri iron ore mine in the Pilbara region of Western Australia
2024-05-30 477词 简单
On May 14th the centre-left Labor government presented a budget that looks like a smaller version of America’s $1trn Inflation Reduction Act (IRA), which aims to revive American manufacturing. It allocates almost A$23bn ($15bn) in subsidies and tax credits to clean energy and other technologies the government considers strategic. That includes almost A$14bn in tax breaks to help Australia establish a green hydrogen industry and to start processing “critical minerals” such as copper, lithium and rare earths that are needed for the transition to clean energy.
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