Australia’s New Energy Tax Incentives
TL;DR The Australian government has introduced new tax incentives to boost investment in critical minerals and renewable hydrogen production. Eligible companies will be able to receive a refundable tax offset of 10% of the costs associated with processing and refining any of Australia’s 31 designated critical minerals. Producers of renewable hydrogen will be eligible for […]
Renewable Energy in Australia: Progress, Potential, and Pitfalls
TL;DR Australia’s renewable energy sector is making a global impact, with renewables already avoiding 200 million tonnes of greenhouse gas emissions—equivalent to taking 20 million cars off the road for two years or offsetting emissions from 260 million hectares of forest. While renewables now account for nearly 40% of Australia’s electricity mix, achieving deeper decarbonisation […]