ESG, Lastest Topics
Australian Government Commits $1.24 Billion for Green Aluminium Production
21
Jan
Jan
The Albanese Labor Government is investing $2 billion to strengthen Australia’s aluminium industry by promoting cleaner production and job security. A key part of the plan is the Green Aluminium Production Credit, which incentivizes smelters to transition to renewable energy by 2036. This initiative aims to expand aluminium production, reduce emissions, and secure blue-collar jobs in regions like Central Queensland and Northern Tasmania. Leveraging Australia’s abundant natural resources and skilled workforce, the investment positions the country as a leader in the global green energy transition, aligning with growing demand for clean metals while ensuring economic growth and sustainability.
Resources: https://esgnews.com/australian-government-commits-1-24-billion-for-green-aluminium-production/