A $91 million Federal Government investment over six new grants is targeted toward helping Australian industries cut more than one million tonnes of climate pollution a year.
The Powering the Regions Fund is supporting 6 new projects to help significantly cut emissions from some of Australia’s largest emitters.
Each dollar of support will unlock 2 dollars of industry investment in these projects.
The projects will lower energy use, swap out fossil fuels with cleaner alternatives, and cut more than 1 million tonnes of climate pollution each year, the equivalent of taking over 240,000 cars off our roads.
minister for Industry and Science Ed Husic said the investment highlights that Australian industry is critical to delivering a Future Made in Australia.
“We know they’re working hard to cut emissions, power our economy, and create a greener future, that’s why we’re ensuring they have the right support in place to make the most of new technologies and seize opportunities in a shifting global economy,” said Husic.
“Through these investments we’re continuing to back Australian industry and help them transition to net-zero, because a country that makes things creates strong businesses and more high-paid jobs.”
These include projects in the aluminium, mining, fuel refining, and chemical production industries, which will create new jobs and support existing jobs in regional communities across Australia.
The 6 grants include:
- $37.2 million to reduce ventilation methane emissions at Kestrel Coal in the Bowen Basin, Qld
- $28 million for a solar and battery storage system at Incitec Pivot Fertilisers in Phosphate Hill, Qld
- $9.8 million to deploy emissions capture technologies at the Dyno Nobel ammonium nitrate facility in the Bowen Basin, Qld
- $7.5 million to install a low emission waste gas incinerator at CSBP Limited’s sodium cyanide plant in Kwinana, WA
- $5.4 million for energy efficiency upgrades at the Boyne Aluminium Smelter in Gladstone, Qld
- $3 million for electrification at the Viva Energy Refinery in Geelong, Vic.